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MIT study finds AI can already replace 11.7% of U.S. workforce (www.cnbc.com)
submitted 8 months ago* (last edited 8 months ago) by to c/fuck_ai@lemmy.world
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The highest unemployment rate during the great depression was 24%. The knockon effects of almost 12% of the ecconomy losing work will make that pale in comparison. But hey, this 12% is probably just at the beginning. After all, AI is the worst it will ever be.

This seems like a recipe for guillotines or UBI. Wonder wich the rich will choose?

Edir: was he the first of many?

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[–] [S] -3 points 8 months ago* (4 children)

If an AI lawyer or doctor costs 1/10,000 the cost, a lot of people will risk it. Hell, insurance companies would be drooling over the opportunity.

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  • [–] 7 points 8 months ago (1 child)

    insurance companies would be drooling over the opportunity

    It's actually the opposite: https://futurism.com/future-society/insurance-cyber-risk-ai

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  • [–] 2 points 8 months ago (1 child)

    None of these things will be replaced. They will be (and are) assistants, which is nice, but the idea that whole professions will be usurped is fantasy.

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  • [–] 2 points 8 months ago

    I think an especially interesting use case for AI is yearly cancer screening. Instead of doing screening only every 5-10 years (and only for specific body parts), you could screen yearly, if the costs of the tests drop dramatically. As we all know, early detection is key to effective treatment.

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