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Large language models, small labor market effects [pdf]

(bfi.uchicago.edu)
141 points luu | 1 comments | 25 Apr 25 08:15 UTC | HN request time: 0.199s | source
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Legend2440 ◴[25 Apr 25 18:31 UTC] No.43797047[source]▶
Seems premature, like measuring the economic impact of the internet in 1985.

LLMs are more tech demo than product right now, and it could take many years for their full impact to become apparent.

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amarcheschi ◴[25 Apr 25 18:57 UTC] No.43797341[source]▶
I wouldn't call "premature" when llm companies ceos have been proposing ai agents for replacing workers - and similar things that I find debatable - in about the 2nd half of the twenties. I mean, a cold shower might eventually happen for a lot of Ai based companies
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1. frankfrank13 ◴[25 Apr 25 19:52 UTC] No.43797890[source]▶
> cold shower might eventually happen for a lot of Ai based companies

undoubtedly.

The economic impact of some actually useful tools (Cursor, Claude) are propping up hundreds of billions of dollars in funding for, idk, "AI for <pick an industry> "or "replace your <job title> with our AI tool"