Fears over AI killing labor demand are ‘probably overblown,' researcher argues in new Google report [Fortune]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: Fortune
Andrew McAfee, the inaugural visiting fellow for technology and society at Google and a principal research scientist at MIT, discusses the concept in a report , “Generally Faster: The economic impact of Generative AI,” released on April 25 by Google. It's based on his research on AI, which he says can positively transform economies and societies. I first met McAfee in November at a Fortune CFO Collaborative dinner, held in collaboration with our founding partner Workday and sponsor, Deloitte, where he talked about generative AI. “This stuff is going to diffuse throughout the economy,” he told the audience of CFOs . “It's going to separate winners from losers, and it's going to turbocharge the winners faster than you and I have been expecting based on the past 25 years of technology.” His advice to them? “Risk tolerance needs to shift. Not being agile is a deep, deep risk.” In his new report, McAfee explores the implications of generative AI in economic growth, looking at everyt
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- Google and OpenAI are racing to rewire the internet [Verge, The]Verge, The
- Asia markets are set to open higher after Wall Street soars on soft inflation data; Japan GDP on deck [CNBC]CNBC
- AI is like a 'tsunami' hitting the labor force, IMF chief says [Yahoo! Finance]Yahoo! Finance
- AI Was Google's Biggest 'Product' at I/O. Tech Keynotes Will Never Be the Same [CNET News]CNET News
- Google I/O 2024 Takeaway: Slow On Innovation, Strong On Distribution [Seeking Alpha]Seeking Alpha
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- 4/25/24 - Beat
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- 5/15/24 - Form 144
- GOOG's page on the SEC website