The threat of AI taking jobs from humans has been a persistent concern, with numerous estimates and projections highlighting the potential impact on the workforce.
Reports from the World Economic Forum, estimating the replacement of 85 million jobs worldwide by 2025, are fueling the fears.
The latest study conducted by MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) looks more optimistic when it suggests the widespread replacement of human jobs by AI may take decades.
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AI Taking Jobs
While AI is anticipated to enhance productivity across various industries it may also cause job displacement among workers.
For example, a 2019 McKinsey study projected that 4.5 million jobs held by Black Americans could be disrupted by AI by 2030, particularly in areas overrepresented by these workers, such as fast-food and service positions.
MIT’s Groundbreaking Study
In a working paper titled “Beyond AI Exposure: Which Tasks are Cost-Effective to Automate with Computer Vision?” MIT researchers utilized a pioneering “first end-to-end AI automation model.”
