Dorsey's reasoning echoes the sentiment recently shared by several tech leaders, with Anthropic's Boris Cherny claiming that "coding is largely solved" and Elon Musk saying that AI will "replace all jobs." A widely shared "thought exercise" by Citrini recently predicted an economic collapse by 2028 due to AI driving humans out of work.
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Novo Nordisk’s shares fell sharply on Monday after the results from testing the Danish company’s CagriSema drug fell short of investors’ expectations.