Tuesday, June 04, 2024

AI is not yet killing jobs - the Economist

After astonishing breakthroughs in artificial intelligence, many people worry that they will end up on the economic scrapheap. Global Google searches for “is my job safe?” have doubled in recent months, as people fear that they will be replaced with large language models (llms). Some evidence suggests that widespread disruption is coming. In a recent paper Tyna Eloundou of Openai and colleagues say that “around 80% of the us workforce could have at least 10% of their work tasks affected by the introduction of llms”. White-collar roles are thought to be especially vulnerable to generative ai, which is becoming ever better at logical reasoning and creativity. However, there is as yet little evidence of an ai hit to employment. 

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