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Is AI overrated or underrated?
Planet Money
AI's Limitations: Don't Expect Miracles
AI is currently limited in its impact on the economy, with significant areas like construction and food services remaining largely untouched. In office work, existing AI models can only manage to affect less than 5% of human tasks, resulting in only mild cost savings. Predictions indicate that AI will not substantially enhance productivity or economic growth in the upcoming decade. Additionally, while some assert that AI is rapidly improving, evidence suggests that advancements may actually be slowing down.
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