LLM Promise Tempered by Productivity Unknowns and Risks
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Productivity assessments typically focus on individual task level, not firm-level impacts, so broad conclusions could be wrong
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LLMs can produce convincing falsehoods, which could negatively impact firms
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Relying on LLMs may have negative long-term effects on employees and processes
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LLMs can reliably perform some but not all tasks
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Wholesale adoption risks problems; cautious experimentation better approach