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That's because it may be too expensive for companies to replace human workers with AI, according to a January study from MIT CSAIL, MIT Sloan, The Productivity Institute and IBM's Institute for Business Value. The study researched the technical requirements and characteristics an AI model would need in order to complete a job at the level a human could. Then, researchers examined whether it makes economic sense for a company to pay for the development of that AI system and deploy it instead of a human worker. The study found that the majority of the time, it would be cheaper for companies to continue to use human workers for those tasks rather than automate them with AI. There's likely to be a "more gradual integration of AI into various sectors," instead of a rapid replacement of human workers with AI bots, Thompson says in the study.
Persons: MIT Sloan, wouldn't, Neil Thompson, Thompson Organizations: MIT CSAIL, MIT, The Productivity Institute, IBM's Institute for Business, CNBC
In a study published Monday, researchers at MIT’s Computer Science and Artificial Intelligence Lab sought to quantify the question of not just will AI automate human jobs, but when this could happen. Researchers ended up finding that a vast majority of jobs previously identified as vulnerable to AI are not economically beneficial for employers to automate at this time. While this could change over time, the overall findings suggest that job disruption from AI will likely unfurl at a gradual pace. This could mean that policymakers, employers and even workers can start best preparing and adapting for these coming changes now. “[The study] gives us this ability to start being a little more quantitative of how rapidly we expect worker displacement to happen,” Thompson said.
Persons: ” Neil Thompson, it’s, ” Thompson, , Thompson, Kristalina Georgieva, Organizations: CNN, MIT’s Computer, Artificial Intelligence, Computer Science, International Monetary Fund, MIT
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