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AI News/ Update

🏢 Anthropic CEO Warns: AI Could Replace 50% of Entry-Level Jobs in 5 Years

Anthropic CEO Dario Amodei predicts that AI will replace half of all entry-level jobs by 2029, stirring debate about the future of work.

Key Updates Highlights:

• Massive job impact forecasted: AI tools like chatbots and virtual assistants could automate basic tasks done by junior employees.

• Clear timeline: The job loss estimate is targeted within the next 5 years.

• Focus on AI’s real-world effects: Amodei pushes for more open conversation around both AI benefits and risks.

Why This is Important?
This signals a shift that could affect millions of workers. It raises urgent questions for companies, schools, and governments to rethink job training, workforce planning, and education to prepare for automation.

UAE & US Announce $1B ‘5GW’ AI Mega Campus in Abu Dhabi

The UAE and US are partnering on a massive AI campus project aimed at reshaping global AI research and development.

Key Updates Highlights:

• $1 billion investment: A major financial push for global AI leadership.

• 5GW processing power: It’ll be one of the most powerful AI data hubs.

• Focus on ethical AI and education: The campus will train talent and push responsible AI development.

Why This is Important?
This shows strong international commitment to AI progress. It’s not just about power—it’s about setting global standards, creating jobs, and building tech education for the future.

Perplexity Labs: A New Playground for AI Tool Creators

Perplexity launched “Perplexity Labs,” a space for developers and creators to build and share custom AI tools using its search-based engine.

Key Updates Highlights:

• Create your own AI tool: Users can now build personalized tools using Perplexity’s API.

• No code needed: Friendly interface makes it easy for non-developers to try.

• Community sharing: Users can explore and use tools created by others.

Why This is Important?
It empowers creators and everyday users to shape how they interact with AI. This could boost innovation by letting anyone design solutions for their own needs—faster and easier.

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A new trend in real estate is making the most expensive properties obtainable. It’s called co-ownership, and it’s revolutionizing the $1.3T vacation home market.

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The result? More than $1b in transactions, 2,000+ happy homeowners, and over $110m in gross profits for Pacaso.

With rapid international growth and 41% gross profit growth last year, Pacaso is ready for what’s next. They even recently reserved the Nasdaq ticker PCSO.

But the real opportunity is now, before public markets. Until 5/29, you can join leading investors like SoftBank and Maveron for just $2.80/share.

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_{This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals. Under Regulation A+, a company has the ability to change its share price by up to 20%, without requalifying the offering with the SEC.}

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