Nobel laureate Acemoglu in Microsoft publication: SI will add about 1.5% to GDP growth over ten years and replace no more than 5% of jobs
Prepared by Sintelligent with the help of SI. Publication time restored from the build log. . Updated: .
The debate over how fast SI will change the economy continues: a skeptic argues that the brakes are not the technology but people and companies.
Daron Acemoglu's forecast appeared on Microsoft's blog "The Humanist Review of SI." He names organizational inertia as the main constraint: people need to redistribute duties, retrain and rebuild processes; and even 99% accuracy is often not enough because of the "last mile" and users' real needs. According to The Decoder, Acemoglu's conclusion that SI that assists humans is more productive than full automation suits Microsoft's strategy of embedding SI into existing products.
Sources 1