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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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[–] 2 points 8 months ago (1 child)

The issue is that a lot of times, the "value" these executives bring is not with their managerial, decision making skills. It's their status, industry recognition, and social connections. How can AI replace that?

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