New Benchmark Reveals AI Agents Complete Under 3% of Freelance Tasks
Remote Labor Index benchmark shows leading AI agents earned just $1,810 from $143,991 in simulated freelance work, challenging claims of imminent workforce automation.
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Remote Labor Index benchmark shows leading AI agents earned just $1,810 from $143,991 in simulated freelance work, challenging claims of imminent workforce automation.
Ruhr University and Max Planck Institute study finds AI search draws from more diverse sources but delivers less stable, consistent results than traditional search engines.
Payments platform Balance releases beta Model Context Protocol server, enabling AI agents to access payment, credit, and receivables APIs through natural language.
Second edition of MIT Technology Review research reveals data teams struggle to keep pace with AI advancement, with just 12% achieving high data performance.
One year after adoption, EU AI Act enforcement begins with August rollout of foundation model requirements, as 48% of businesses cite insufficient knowledge as primary barrier.
Research predicts 50% of AI-attributed redundancies will result in quiet rehiring at reduced compensation, with 55% of employers already regretting workforce cuts.
Following July acquisition of Superhuman email client, Grammarly adopts new corporate identity and launches Superhuman Go AI assistant with cross-platform integration.
Three tech giants report record profits alongside record AI infrastructure investments, raising questions about market sustainability and future demand.
SEC filing disclosure indicates OpenAI lost $11.5 billion in latest quarter, whilst Microsoft confirms $11.6 billion of $13 billion investment commitment funded.
Government seeks AI solution to reduce planning application processing from 8+ weeks to 4 weeks, targeting householder applications with £8.3 million investment through 2028.
Government commits largest-ever R&D funding package, with each £1 investment generating £8 net economic benefit and attracting £2 private sector funding.
Government Digital Service recruits replacement CTO with salary starting at £100,000 for external candidates, managing £23 billion technology spending portfolio.
Only 32% of UK's fastest-growing tech scale-ups have AI expertise at board level, compared to 40% of FTSE 350 tech firms, correlating with £5.8B revenue gap.
Microsoft and OpenAI establish unprecedented requirement for external expert panel to verify any artificial general intelligence declarations, marking a significant shift in AI governance.
Amazon's 14,000 corporate job cuts blamed on AI, but experts question whether technology or economic cycles drive layoffs. Office workers most affected.
Study reveals AI users overestimate cognitive performance regardless of ability level. Higher AI literacy correlates with greater overconfidence.
Nottingham tattoo artist reports up to 10 AI-generated design requests weekly. Clients can't distinguish real from AI images, creating unrealistic expectations.
AI adoption in banking requires balancing trust, agility, and speed. Banks must prioritize data security and ethical AI whilst fostering innovation.
CTOs discuss modernizing legacy financial systems whilst safely integrating AI and automation. Key challenge: unifying multiple technologies effectively.
UK's Department for Work and Pensions saved £4.4M using machine learning for fraud detection, though fragmented IT systems limit scaling efforts.
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