Three things in AI to watch, according to a Nobel-winning economist
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AI GeneratedNobel-winning economist Daron Acemoglu cautions against the belief in an AI-driven jobs apocalypse, stating that AI will only provide a small boost to US productivity and won't eliminate the need for human work. He highlights three key areas to watch in AI: the rise of agentic AI, the hiring spree of AI companies for economics teams, and the development of AI apps that are user-friendly. Acemoglu emphasizes the importance of AI agents being able to handle the orchestration between tasks naturally done by humans to avoid a complete AI takeover of jobs.