One law professor told the BBC that "the nature of the [Crawford] contract was peculiar", and that because of the "significant uncertainty" at the time it was drawn up, they would have expected to see a shorter one that had a cap on the number of claims processed.
“Whereas the job market effects of AI in 2025 were still quite ambiguous, AI capabilities have advanced rapidly in the past few months,” Anton Korinek, an economist who focuses on the economic impact of transformative AI, told Fortune. “This may be the beginning of a new trend where white-collar jobs become threatened more seriously by AI. Once a few companies start the trend, competitive forces may induce others to follow suit.”
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In corporate deals, a hostile takeover is when a company moves to acquire another firm without the consent of the target company's management, typically by offering to buy its target's shares.
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