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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
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