Feb. 8, 2025
7:33 a.m.
https://mitsloan.mit.edu/ideas-made-to-matter/a-new-look-economics-ai "Estimating that only about 5% of tasks will be able to be profitably performed by AI within that time frame, the GDP boost would likely be closer to 1% over that period, Acemoglu suggests. This is a “nontrivial, but modest effect, and certainly much less than both the revolutionary changes some are predicting and the less hyperbolic but still substantial improvements forecast by Goldman Sachs and the McKinsey Global Institute,” he writes." Opps. jc