A recent MIT study by the Computer Science and Artificial Intelligence Lab has found that in many jobs, human labor is still more cost-effective than implementing artificial intelligence (AI). The research indicates that despite advancements in technology, including computer vision, AI is not yet able to supplant workers in a cost-efficient manner. This finding contradicts the common fear that AI is rapidly replacing human jobs. While there are instances of AI being used to replace junior workforces, the overall conclusion of the MIT study suggests that the shift to AI is not as economically viable as some may think.
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Humans still cheaper than AI in many jobs, says MIT study. MIT Computer Science and Artificial Intelligence Lab's paper says workers can't be cost-efficiently supplanted by computer vision & other AI. Yet. https://t.co/1ACgrSGllZ Via @business @technology w/@vladsavov #AI