
Illustration by Tag Hartman-Simkins / Futurism. Source: Michael M. Santiago / Getty Images Last week, Anthropic released a new AI tool for automating legal work, precipitating a mass stock market selloff over fears that the tech could upend huge software customers in industries ranging from law to finance, Reuters reports — an urgent example of the power that AI currently has over financial markets and even the economy writ large. The S&P 500 software and