The Good, the Bad and the Ugly of the Economic Impact of AI
The greater risk is not job replacement, but rather AI moving entire market services into the home.
A year ago, Ford CEO Jim Farley warned that artificial intelligence is going to literally replace half of all white-collar workers in the US. In February, Mustafa Suleyman, head of Microsoft's AI division, upped the ante by predicting that most white-collar work would be fully automated within 12 to 18 months.
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