Developing story · 2 episodes · 13 Sept to 24 Sept
AI Wage Gap and Performance Surge
The saga tracks emerging research on AI's economic impact, from evidence that AI exposure slows wage growth for U.S. workers to rapid declines in AI performance costs. After the latest episode, the story highlights that while AI is becoming cheaper and more efficient, concerns about its effect on wages remain unresolved.
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AI performance costs drop faster than any previous tech
Epoch AI, a research organization tracking AI trends, reports that the cost of reaching a fixed level of performance on select benchmarks has dropped by about 47% per quarter since 2023. This is an…
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Study links AI exposure to 6.7% slower real wage growth for US workers
New research from Apollo Global Management suggests that artificial intelligence is beginning to impact American wages before causing significant job losses. The study found that workers in…
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Who and what
Apollo Global ManagementMITDallas FedCato InstituteEconomic Policy InstituteEpoch AITorsten SlokSania EdlichBen ZippererDaron AcemogluDavid AutorNeil Thompson