Posted 1/22/2024, 2:00:00 PM
MIT study: AI automation advancing gradually, narrowly focused systems slow to displace jobs
- MIT study finds AI automation slower than expected, displacing 0.4% of US economy in near term
- Focused on computer vision AI; more advanced systems like GPT could automate faster
- Automating narrow tasks is costly, uneconomical for many companies
- Language models like GPT-4 may be easier and cheaper to customize for tasks
- More AI adoption expected as costs to integrate systems decline, but still a gradual impact