The age of uncertAInty: AI’s effects on jobs and policy
The age of uncertAInty: AI’s effects on jobs and policy AI is coming for your jobs...but which jobs, and how quickly? Associate Professor of Economics at Lahore University of Management Sciences Ali Hasanain held a session on Tuesday at the Overseas Investors Chamber of Commerce & Industry about the Economics of AI. He explained the current state of LLMs, the potential effects of advanced models on labour markets and implications for jobs, productivity and policy. With Pakistan's expanding digital economy and the desire to implement AI on a national scale, these discussions are essential as they will shape new business strategies and guide the workforce to effectively work with AI models. The sprint of progress AI can be described as "intelligence everywhere, at a low cost," according to Hasanain. It recognises specific patterns and learns how to act on them. AI models have been doubling the datasets they're trained on every six months since 2010. "The trou...