BLUF

A new study challenges the widespread belief that AI threatens jobs, highlighting its limited economic viability.

Summary

  1. MIT research indicates AI automation could be slower than expected.
  2. Focusing on computer vision tasks, current costs make automation more affordable than human labour in just 0.4% of the economy.
  3. Unlike language models like ChatGPT, customising computer vision systems for specialised tasks is costly for companies.

References