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Showing posts with the label "AI economic impact"

How Will AI Affect Existing Jobs? Insights from Georgetown's Center for Business and Public Policy

  How Will AI Affect Existing Jobs? Insights from Georgetown's Center for Business and Public Policy By J. Poole Artificial Intelligence (AI) is no longer a futuristic concept; it's reshaping industries and redefining the nature of work today. Drawing insights from a recent YouTube presentation titled "Ideas from the Georgetown Center for Business and Public Policy," this blog post delves into the multifaceted ways AI is influencing existing jobs, enhancing productivity, and altering employment landscapes. Acknowledgments Firstly, I extend my gratitude to the Georgetown Center for Business and Public Policy for sharing such a comprehensive analysis on AI's economic impact. The presentation featured contributions from esteemed researchers and practitioners, highlighting collaborative efforts across various disciplines to understand and harness AI's potential. AI's Economic Impact on Firms The Georgetown team emphasized that as AI technology advances, so doe...

The Intelligence Age: How AI Will Redefine Our Future

  The Intelligence Age: How AI Will Redefine Our Future  A discussion of Sam Altman's blog post: The Intelligence Age As we stand at the threshold of the Intelligence Age, AI is no longer science fiction but a pivotal force shaping the future. In Sam Altman’s vision, AI promises to revolutionize how we work, create, and think. With its potential to outperform humans in various fields, deep learning has already begun to blur the lines between man and machine, enabling AI to handle tasks once thought impossible. Altman highlights the profound implications of this shift. As AI continues to evolve, access to scalable compute power and energy will become crucial in democratizing the benefits of this technology. The more energy and compute power we have, the more complex tasks AI can handle—opening doors to unprecedented levels of innovation and economic prosperity. However, this transformation also comes with challenges. Job markets are likely to face significant disruption as auto...