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AI Can Only Handle 5% of Jobs and Will Not Meet Expectations, Says MIT Economist

Writer's picture: SumraSumra

In a recent discussion, well-known MIT economist Daron Acemoglu shared his thoughts on the excitement around artificial intelligence (AI) in the financial world and corporate boardrooms in the United States.


He believes that this enthusiasm may be exaggerated. According to Acemoglu, many people worry that AI will take over their jobs. However, he argues that the reality is more complex.


While AI can automate certain tasks, it doesn't mean that all jobs are at risk. Acemoglu points out that AI tools are designed to assist humans rather than completely replace them.


For many roles, the presence of AI can actually enhance productivity and make tasks easier, allowing workers to focus on more creative and complex responsibilities.


Moreover, Acemoglu emphasizes the importance of human skills, like critical thinking and problem-solving, which AI cannot replicate. He suggests that instead of fearing AI, workers should adapt and learn how to work alongside these technologies.


Overall, while AI is changing the job landscape, Acemoglu reassures us that our jobs are likely safer than we think. To learn more about his insights, click the link in our bio.

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