AI Beats the Classic Portfolio
- JPMorgan tested AI to manage a traditional 60/40 stocks and bonds portfolio. In a 20-year backtest, the AI outperformed the benchmark with lower volatility. Its biggest strength was staying disciplined through every market cycle.
ChatGPT Now Works for Hours
- OpenAI launched ChatGPT Work, which can complete entire tasks like creating reports, presentations, spreadsheets, and even web apps. Instead of just answering questions, it keeps working until the job is finished.
China Rethinks Job Planning
- China has dropped its numeric urban jobs target for the first time in over 30 years. As AI reshapes the workforce, the government says future employment goals will be set more flexibly.
The Bigger Picture
AI is no longer just helping people work faster. It’s starting to make decisions, complete work, and influence how economies plan for the future.