MIT Says AI Can Replace 11.7% of US Workforce

AI systems can already perform tasks equivalent to 11.7% of the U.S. workforce, according to research of the Massachusetts Institute of Technology published Wednesday (November 26). That’s about $1.2 trillion in wages tied to potentially automatable work in finance, healthcare, and professional services. The estimate comes from MIT’s new labor analysis tool, the Iceberg Index,…

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The dying dollar does not save bitcoin

The rapid decline of the US dollar has rekindled the dreams of “hyperbitcoization” among supporters of Bitcoin. But there is little evidence that the dying dollar means Bitcoin’s victory; And many that points to widespread chaos instead. The dying dollar: lessons in the collapse of money Fernando Nikolic, ex-VP in Blockstream and a veteran of…

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