MIT Economist Warns: AI Capable of Replacing Only 5% of Jobs, Fears Economic Crash

Over the last couple of decades, AI has been described as the future, something that would change industries and make an assortment of job roles redundant. According to one economist from MIT, it may not quite be that dramatic. The economist recently analyzed how AI, in its present form, could only perform 5% of the tasks a human performs on the job. This opens up pressing questions as to whether an economic crash is imminent in regard to the misplaced investments in overestimations.

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