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Global News Impacting Chinese Tech

Crystal ball: Musk’s forecast of nobody needing to work looks flaky but Keynes' life of leisure doesn’t

News Snapshot:

Robots so far have proven expensive, making them difficult to scale, even as the cost of AI is declining, according to a new working paper by the University of Pennsylvania’s Konrad Kording and Ioana Marinescu, who presented a novel framework for assessing AI and the future of work. “AI transformation will be significant yet bounded, not infinite,” they contend.

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