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Is artificial intelligence about to put vast numbers of people out of a job? Most economists would argue the answer is no: If technology permanently puts people out of work then why, after centuries of new technologies, are there still so many jobs left? New technologies, they claim, make the economy more productive and allow people to enter new fields — like the shift from agriculture to manufacturing. For that reason, economists have historically shared a general view that whatever upheaval might be caused by technological change, it is “somewhere between benign and benevolent.”
In a new National Bureau of Economic Research study, MIT economist Daron Acemoglu projects just mild economic upside in the US, stemming from AI advancement.
"My calculations suggest that the GDP boost within the next 10 years should also be modest, in the range of 0.93%-1.16% over 10 years in total," Acemoglu wrote. "Presuming that the technology prompts an investment boom, this forecast could rise to a range of 1.4%-1.56% in total."
MIT researchers have developed a new method to help artificial intelligence (AI) systems conduct complex reasoning tasks in three areas including coding, strategic planning and robotics.
Large language models (LLMs), which include ChatGPT and Claude 3 Opus, process and generate text based on human input, known as "prompts." These technologies have improved greatly in the last 18 months, but are constrained by their inability to understand context as well as humans or perform well in reasoning tasks, the researchers said.?
Republic of Korea Minister of Science and ICT Lee Jong-ho and New York University President Linda G. Mills today announced the establishment of the Global AI Frontier Lab. The Lab—which will be based in NYU facilities in Brooklyn and draw top AI researchers from the U.S., Korea, and around the world—is the latest advance of the?joint research effort launched in 2023. The Institute of Information and Communication Technology Planning and Evaluation (IITP) President Hong Jin-bae and NYU signed a Memorandum of Agreement to establish the Global AI Frontier Lab and to outline its structure and operating guidelines.
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Artificial intelligence (AI) is widely heralded for its potential to enhance productivity in scientific research. But with that promise come risks that could narrow scientists’ ability to better understand the world, according to a new paper co-authored by a Yale anthropologist.
Some future AI approaches, the authors argue, could constrict the questions researchers ask, the experiments they perform, and the perspectives that come to bear on scientific data and theories.
All told, these factors could leave people vulnerable to “illusions of understanding” in which they believe they comprehend the world better than they do.
Columbia University will join six other research institutions as part of a plan announced today by New York Governor Kathy Hochul to make New York State a leader in artificial intelligence research and innovation. At the center of this effort, called “Empire AI,” is the building of a state-of-the art artificial intelligence computing center in upstate New York to promote responsible research and development and to create jobs and other opportunities.
“The vision for?Empire AI?is to provide the academic research community in New York with a state-of-the-art computational facility that supports cutting-edge research.?We are grateful to Governor Hochul for her bold vision to ensure that academic institutions in New York State can remain competitive and forward-looking as this fast-moving technology continues to transform our lives.?Columbia is thrilled to be part of this initiative,” said Columbia President Minouche Shafik.