{"id":1595,"date":"2024-10-30T05:43:36","date_gmt":"2024-10-30T05:43:36","guid":{"rendered":"https:\/\/medical-article.com\/?p=1595"},"modified":"2024-10-30T05:43:36","modified_gmt":"2024-10-30T05:43:36","slug":"impact-of-ai-on-the-economy","status":"publish","type":"post","link":"https:\/\/medical-article.com\/?p=1595","title":{"rendered":"Impact of AI on the economy"},"content":{"rendered":"<p>From <a href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S0165176524004555\">Bonney et al. (2024)<\/a>: <\/p>\n<p> Using a new large-scale business survey by the U.S. Census Bureau, we find that AI use is having a much greater impact on worker tasks than on employment levels at the firm level. About 27% of firms using AI report replacing worker tasks, but only about 5% experience employment change due to AI use. These rates are expected to increase to nearly 35% and 12%, respectively, in the near future. <\/p>\n<p>One key issue in all these surveys is defining what AI is.  Does AI mean large language models?  Machine learning? Any statistical analysis? Just using a computer? Computer scientists have their definition, but respondent may define AI very differently. <\/p>","protected":false},"excerpt":{"rendered":"<p>From Bonney et al. (2024): Using a new large-scale business survey by the U.S. Census Bureau, we find that AI use is having a much greater impact on worker tasks than on employment levels at the firm level. About 27% of firms using AI report replacing worker tasks, but only about 5% experience employment change&#8230;<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1595","post","type-post","status-publish","format-standard","hentry","category-articles"],"_links":{"self":[{"href":"https:\/\/medical-article.com\/index.php?rest_route=\/wp\/v2\/posts\/1595"}],"collection":[{"href":"https:\/\/medical-article.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medical-article.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/medical-article.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1595"}],"version-history":[{"count":0,"href":"https:\/\/medical-article.com\/index.php?rest_route=\/wp\/v2\/posts\/1595\/revisions"}],"wp:attachment":[{"href":"https:\/\/medical-article.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medical-article.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medical-article.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}