**AI Technology Still Too Expensive To Replace Human Workers**
Artificial intelligence may not be taking over your job any time soon. A recent study from MIT has found that while AI technology is advancing, it is still too expensive to replace human workers in many jobs. The study focused on roles that could utilize computer vision technology, a type of AI that extracts information from images and video.
**Cost-Effectiveness of Automating Tasks**
The researchers discovered that just under a quarter of the wages paid for vision tasks would be worth automating. This means that for many tasks, human workers are still more economically viable than AI, largely due to the high upfront costs of AI systems and technology.
**Unprecedented Insights**
This study represents one of the first attempts to estimate which tasks are economically feasible for US companies to automate. While previous research has identified tasks and roles most exposed to AI automation, this study uniquely focused on the economic implications of installing the technology.
**Changing Sentiments**
The sentiment that “machines will steal our jobs” has resurfaced with the rapid technological advancements in AI and large language models. The MIT researchers noted that previous predictions and studies were vague about the timeline and extent of automation, as they did not directly consider the technical feasibility or economic viability of AI systems.
So, what do you think? Is our human workforce safe from AI for the time being? Could AI technology become more cost-effective and begin to replace human workers sooner than expected? Share your thoughts in the comments below!
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