Ethan Mollick's insights from "On holding back the strange AI tide", make a strong argument that the traditional approaches to AI in businesses are significantly misaligned with the technology's inherently transformative nature. Mollick challenges the prevalent strategies of ignoring, banning, or centralizing AI, highlighting their ineffectiveness in harnessing AI's full potential. Embracing AI’s Transformative Power...
Tag: Job Market
Is AI not so bad for the job market after all?
A recent study by MIT researchers meticulously examined the economic viability of automating tasks with computer vision AI, revealing a nuanced landscape. (Note that in the context of LLMs people often speak of multimodality, i.e., models that are able to handle other modalities such as images, audio, or video in a unified framework.) According to...
Navigating the AI-Driven Transformation in the Job Market
In the wake of Google's recent restructuring, where hundreds of roles in its advertising-sales team are being eliminated, a crucial question emerges: Is the AI evolution changing the situation on the labor market? This development, as reported by Business Insider, underscores the profound changes AI is inducing in the corporate landscape. Historically, technological advancements, despite...
