MIT Professor: Only 1/4 of AI-related tasks will achieve cost-effective automation in the next 10 years
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In the next decade, only a quarter of AI-related tasks will achieve cost-effective automation. Even with significant breakthroughs in AI, its impact will take several years to materialize. AI's impact on all tasks is less than 5%, with a 0.5% increase in US productivity and a mere 0.9% contribution to GDP growth. The architecture of large language models may face serious limitations, requiring higher quality data for AI. AI must be able to solve complex problems, but cost-effective solutions are currently lacking
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