At AI SF, Mehdi Miremadi from McKinsey Global Institute corroborated in Have we reached peak human? The impact of AI on the workforce”:

economic futures look bleak when based on current trends in labor supply
productivity growth” over the past five decades was based on large numbers of people entering the workforce
our ability to automate (up to 30% of many jobs) is how the story of AI will unfold

To wit, advanced analytics have near-term potential to unlock $11–13T in the economy (~15% of global GDP), with deep learning accounting for ~40%. Historical analogies exist, e.g., the era of early PC adoption created jobs despite dire warnings to the contrary.

Up Next Next → The problem is, these historical narratives seduce you into thinking you really understand what’s going on and why things happened, but most of it is guessing people’s motives and their inner thoughts https://www.theverge.com/2018/10/5/17940650/how-history-gets-things-wrong-alex-rosenberg-interview-neuroscience-stories ← Previous Van Horn and Perona open with a brilliant one-liner: the world is long-tailed https://blog.dominodatalab.com/themes-and-conferences-per-pacoid-episode-2/
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