Humans still cheaper than AI in vast majority of jobs, MIT finds
"We show that there will be more automation in retail and health-care, and less in areas like construction, mining or real estate."
"We show that there will be more automation in retail and health-care, and less in areas like construction, mining or real estate."
"There are a lot of places where ... humans are a more cost-efficient way to do that."
"The safety of flying in countries like the U.S. is the eighth wonder of the world."
"We can no longer afford to put Band-Aids on gaping societal wounds."
"Congress should put an end to the 'all-or-nothing' choice currently confronting retirement-age households."
The official launch of the "MIT Shaping the Future of Work Initiative" included presentations by Daron Acemoglu and Zeynep Ton.
MIT Sloan’s program focuses on sustainability strategy, innovation, and sustainable business practices.
"We don’t know why young people are not as well informed as older people, but age is the single most important predictor of knowledge."
"Bridging efforts in the boardroom are targeted at ensuring that all the relevant role identities are duly considered in decision-making."
"If that psychological barrier is not overcome, then this will be a downhill process of more outsourcing and more job loss."