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THE DAILY INDEX

Technology, AI, software, security, crypto and business

PROGRAMMING, DESIGN & DATA SCIENCE

TLDR

MIT STUDY FINDS AI CAN ALREADY REPLACE 11.7% OF US WORKFORCE

MIT has released a study that shows that AI can already replace 11.7% of the US labor market across finance, health care, and professional services. The study used a labor simulation tool called the Iceberg Index to simulate how workers interact across the country and how they are affected by AI and corresponding policy. The index offers a detailed map of where disruption is forming, down to the zip code. It is designed to provide a skills-centered snapshot of what today's AI systems can do to give policymakers a structured way to explore scenarios before they commit real money and legislation.

THE UNTOLD STORY OF CHARLIE MUNGER'S FINAL YEARS

Charlie Munger died two years ago in his longtime home in Los Angeles, close to people he liked and projects he found stimulating. Rather than a quiet life by the sea, Munger spent his final years chasing investments, forging friendships, and facing new challenges. In the year before his death, he made over $50 million on a bet on coal stocks, revved up his real-estate activities, and dealt with health issues. His final years provide a blueprint for investors on how to age with grace, equanimity, and purpose.

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