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Will AI Automate Away Your Job? - Commonplace

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Economists aren’t effectively communicating how AI is going to reshape the economy. Many don’t know which intellectual “crutches” upon which to rely to make sense of the technologies impact. Is it more similar to electricity? The internet? Or, as a broader phenomena, similar to the creation of fire? The industrial revolution? Globalization? The AI revolution is well underway. Breakthroughs in “chain-of-thought” AI models enable these systems to reason before responding. The most advanced models are now ranked among the world’s top 200 competitive programmers, capable of publishing peer-reviewed research and outperforming graduate-level knowledge benchmarks. AI technology is increasingly changing fields from medicine and IT to communications and beyond. Tech giants can’t build infrastructure fast enough. Microsoft revived the dormant Three Mile Island Nuclear Generating Station to power its data centers. Meanwhile, Nvidia, the computer chip designer, became the world’s most valuable com

By Jason Hausenloy, independent AI policy researcher and writer Automation first claimed the horse. Then the automobile maker. And now, perhaps, the rest of us? Economists aren’t effectively communicating how AI is going to reshape the economy. Many don’t know which intellectual “crutches” upon which to rely to make sense of the technologies impact. Is it more similar to electricity? The internet? Or, as a broader phenomena, similar to the creation of fire? The industrial revolution? Globalization? The AI revolution is well underway. Breakthroughs in “chain-of-thought” AI models enable…

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