Massachusetts Institute of Technology on Wednesday released a study that found that artificial intelligence can already replace 11.7% of the U.S. labor market, or as much as $1.2 trillion in wages across finance, health care and professional services.
The study was conducted using a labor simulation tool called the Iceberg Index, which was created by MIT and Oak Ridge National Laboratory. The index simulates how 151 million U.S. workers interact across the country and how they are affected by AI and corresponding policy
Let me know when they replace the overpaid C-level parasites with cheaper, faster, more efficient AI CEO/CFO et cetera.
As much as I agree, do you really want to have an AI manager looking over your shoulder all day every day.
Wouldn’t it be out playing golf if it was replacing them?
Even with the hallucinations I’m pretty sure AI can already do many CEO’s job better than they can. The only thing they seem to take into account is line go up. That’s pretty easy to replicate.