August 12, 2026: I look at Stanford's updated Canaries in the Coal Mine research, which finds young workers in highly AI-exposed jobs are falling behind while experienced workers are holding up. Then I get into Fortune's report on companies capping AI usage as token costs blow past budgets. Finally, I unpack Anthropic's plan to watermark Claude-generated output and why it raises a much bigger question about authorship: how much AI help can a document get before people stop seeing it as yours?

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