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MIT IDE research lead, Neil Thompson, co-authored a paper estimating human worker displacement when AI is introduced for computer vision tasks. The study found the impact to be less dramatic than others have reported. Here are three takeaways:
How many?
23%
Percent of worker wages that would be cost-effective to automate with AI computer vision.
How much?
20%
Estimated decrease In annual computer vision AI costs.
When?
2044
Even with a 20% annual decrease in costs, it would take decades for computer vision tasks to become economically efficient for firms.