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AI's Influence on the Economy with Nathan Labenz
"Econ 102" with Noah Smith and Erik Torenberg
AI replacing doctors: Analyzing cost and opportunity
Using AI to replace doctors may be feasible before hitting cost constraints, but once expenses rise, the opportunity cost of allocating resources to AI becomes a significant consideration. Despite AI potentially outperforming humans in tasks, the extensive opportunity cost of utilizing AI for specific functions should not be overlooked. The vast energy and compute resources required for AI operations can impact the cost-effectiveness of AI replacing doctors in certain aspects.
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