🔗 Are We in an AI Bubble? - The Atlantic:
Even if AI tools don’t increase productivity, the hype surrounding them could push businesses to keep expanding their use anyway. “I hear the same story over and over again from companies,” Daron Acemoglu, an economist at MIT, told me. “Mid-to-high-level managers are being told by their bosses that they need to use AI for X percent of their job to satisfy the board.” These companies might even lay off workers or slow their hiring because they are convinced—like the software developers from the METR study—that AI has made them more productive, even when it hasn’t. The result would be an increase in unemployment that isn’t offset by actual gains in productivity.
This is every single day at work the last six months.