"AI capabilities are already substantial and poised to expand broadly. Most of the tasks that we study could reach AI success rates of 80%-95% by 2029, suggesting potentially substantial labor-market impacts as this tide continues to rise."
"Even a slightly longer horizon for lasting change could make a huge difference in whether -- and how many -- workers get the chance to upskill for a very different labor market of the future."
"The study found that LLMs completed 60% of tasks without humans at a 'minimally sufficient' level, as determined by a human manager, and only 26% at 'superior quality.'"
New MIT research indicates that AI's influence on the job market will unfold gradually rather than abruptly. While AI capabilities are advancing, the timeline for significant labor market changes extends to 2029. The study analyzed 3,000 text-based tasks, revealing that AI could achieve 80%-95% success rates by then. This slower transition may provide workers with the opportunity to upskill and prepare for a transformed labor market, alleviating some job-related anxieties associated with AI advancements.
Read at ZDNET
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