In the 1980s, economist Robert Solow made an observation that reminded economists of today’s AI boom: “You can see the computer age everywhere but in the productivity statistics.”
Weren’t there layoffs due to AI implementation, expected or actual? Or is the time and work-hours needed to correct and understand what AI is doing not realizing the expected savings?
Also, AI/LLM in the popular over-invested sense is the Tesla FSD of corporate tools. A badly designed, over-promised system that doesn’t live up to the hype and far too often commits errors, some of which are lethal or have other serious consequences.
IMO AI should be a tool used in parallel with humans, like research or medical diagnostics, able to see things we might miss or rapidly try new multi-step combinations we might not think of. Not as a human replacement.
No impact on employment? How so?
Weren’t there layoffs due to AI implementation, expected or actual? Or is the time and work-hours needed to correct and understand what AI is doing not realizing the expected savings?
Also, AI/LLM in the popular over-invested sense is the Tesla FSD of corporate tools. A badly designed, over-promised system that doesn’t live up to the hype and far too often commits errors, some of which are lethal or have other serious consequences.
IMO AI should be a tool used in parallel with humans, like research or medical diagnostics, able to see things we might miss or rapidly try new multi-step combinations we might not think of. Not as a human replacement.