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The model of how AI would influence work, including splitting work into tasks, classifying tasks by what type of AI could complete it, the complementarity of pr
by bertil 3y ago
The model of how AI would influence work, including splitting work into tasks, classifying tasks by what type of AI could complete it, the complementarity of prediction with other aspects in an organization, etc., all have been studied for decades. The people working on this, including the author of this study, have not changed their conclusion dramatically recently.
What has changed is the apparent capacity of LLMs: they got convincing earlier than other specialists thought possible. However, that timing isn’t the most relevant aspect of industrial economics and transaction cost theory. Many people make that mistake, but Oliver Williamson himself has corrected that misunderstanding in front of me several times.
What matters is that, when the technology is available, people will reorganize functions.