The Artificial Intelligence Show #105: What Economists Get Wrong About AI, The AI Agent Landscape, and the Urgent Need for AI Literacy
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Jul 16, 2024 Imagine turning a single cent's worth of electricity into hundreds of dollars of professional work! Discover provocative insights on superintelligence and the evolving landscape of AI agents. The hosts emphasize the urgent need for AI literacy, particularly in the marketing sector, to keep pace with these rapid advancements. Dive into discussions about OpenAI's latest capabilities, the impact of AI on productivity with Google's Gemini, and the rising investment trends in AI video creation.
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Cheap Superhuman AI
- Superhuman AI could soon perform high-value work for minimal cost, disrupting the economy.
- Human-level AI on a 20-watt power supply could outperform top professionals at a fraction of the current cost.
AI's Impact on Jobs
- AI will initially target high-value jobs like AI researchers, doctors, and lawyers due to potential ROI.
- As AI improves and becomes cheaper, it will gradually take on roles with lower earning potential.
Economists' Blind Spot
- Economists often overlook AI's potential impact by focusing on current capabilities rather than future projections.
- They struggle to envision exponential growth in productivity due to biases from historical technological advancements.
