“Only about 5% of tasks will be profitably performed by AI over the next ten years — a mere 5% of all jobs is ripe to be taken over, or at least heavily aided, by AI over the next decade.”
Institute Professor of Economics, MIT; 2024 Nobel laureate in economics
Said Oct 2, 2024Deadline Dec 31, 2034Bloomberg, 'AI Can Only Do 5% of Jobs, Says MIT Economist Who Fears Crash', October 2, 2024 (syndicated by The Seattle Times)
Ten-year horizon running to end-2034; resolvable against task-level automation measures of AI adoption in the US economy.