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THE DAILY INDEX

Technology, AI, software, security, crypto and business

PROGRAMMING, DESIGN & DATA SCIENCE

TLDR

WHY THE ATM DIDN'T KILL BANK TELLER JOBS, BUT THE IPHONE DID

ATMs were predicted to increase bank teller unemployment, but they didn't. However, the number of bank tellers started to fall after the birth of the iPhone. When a technology automates what a human does within an existing paradigm, it rarely gets rid of the human, as the definition of the paradigm creates the need for human involvement. The iPhone created a new paradigm that made the tasks that the ATM substituted irrelevant.

ANTHROPIC TELLS JUDGE BILLIONS AT STAKE IF US SHUNS AI TOOL

Anthropic could lose billions of dollars in revenue this year due to the Department of War's declaration of the company as a supply-chain risk. It has asked a judge to take quick action on its request to block the decision. The declaration has led to more than 100 enterprise customers contacting Anthropic to express doubt about continuing their relationship. A hearing on Anthropic's request had been set for April 3, but the judge moved it up to March 24.

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