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You better have some sources for declaring that industrial capacity hasn't increased. The Fed reports around 8% penetration of AI in manufacturing already, but
by vasco 5mo ago
You better have some sources for declaring that industrial capacity hasn't increased. The Fed reports around 8% penetration of AI in manufacturing already, but in my opinion it's too early for grand declarations like that without data.
https://www.federalreserve.gov/econres/notes/feds-notes/monitoring-ai-adoption-in-the-u-s-economy-20260403.html https://www.federalreserve.gov/econres/notes/feds-notes/moni...
- anonSrEng202309 5mo ago> ... it's too early for grand declarations like that without data. You mean grand declarations like 'industrial capacity has increased'? Just because AI is present in the factory doesn't mean it's actually increased capacity.
- rudedogg 5mo ago> The Fed reports Have you happened to purchase anything in the past 12 months, and looked at the Fed's inflation numbers?
- dragonwriter 5mo ago> Have you happened to purchase anything in the past 12 months, and looked at the Fed's inflation numbers? The Fed doesn't issue inflation numbers. The usually cited headline inflation numbers (CPI) are from the Department of Labor’s Bureau of Labor Statistics, the ones used by the Fed as an input to monetary policy decisions (PCE) are issued by the Department of Commerce’s Bureau of Economic Analysis.
- magicalist 5mo ago> The Fed reports around 8% penetration of AI in manufacturing already, but in my opinion it's too early for grand declarations like that without data Based on a survey if the business uses AI "in any of its business functions". And for all uses of what they consider to be AI, not just LLMs.