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Callum Williams
@econcallum
Senior economics writer, San Francisco bureau chief, The Economist. AI, financial markets, real estate, history. Book "The Classical School"
가입 August 2014
704 팔로잉 중    8.9K 팬
Bucco is a top, top poster but it is honestly a bit worrying that he thinks this is worth sharing. Anyone with a vague appreciation of history has argued since 2022 that AI will take a long time to diffuse. Precisely tor these reasons. Suggests that investors are still misunderstanding the AI trade
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The current barrier to greater AI diffusion isn’t model capability. In my eyes, the barrier is three things (in order): 1. Most people don’t understand what AI can do 2. They need to fundamentally think differently about their life and work 3. Human preference. Even if AI can do the thing, people still want to do it (like shopping) Each layer is a more rigid barrier. First, someone must be motivated to understand. Then, they have to build a habit of flipping their thinking to a more AI-forward way. They need to consider how they would deconstruct and assign out work as if they were a manager. They need to understand abstract capabilities and apply them to their own use cases, or understand what previous use cases were uneconomical that are now available. Then they need to want to assign that task out to AI in the first place All of this leads me to believe that we are still incredibly early. It will take 3-5 years for the middle of the curve to even understand today’s AI capabilities and change their mindset to put this technology to work on their behalf. And by then we will be much more advanced. The technological capability isn’t the blocker. It’s our understanding, creativity, and preferences that will determine the pace of diffusion
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