Good Enough Commodities

This issue of Synthetic Work, with images and charts, is here: synthetic.work...
**Summary**
Alessandro explores the perception of LLM's reliability and the potential impact on expertise and jobs. He contrasts the perspective of academics, who demand perfect performance, with business leaders, who prioritize cost-effectiveness and the potential for LLM's to exceed human performance in specific tasks. He then examines the potential for AI to make expertise near-free, questioning the sustainability of such a scenario and the consequences for the labor market. He concludes by highlighting various examples of AI implementation in companies like Honeywell, Goldman Sachs, and Morgan Stanley, and the efforts of the UK Trades Union Congress (TUC) to protect workers from potential AI-driven job losses.
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Synthetic Work (synthetic.work) is a weekly newsletter about the impact of AI on jobs, workforce productivity, and business operations. Since 2023, Synthetic Work documents who is implementing AI around the globe, and how.
This podcast version is an excerpt of the full content, created with Google NotebookLM.
As such, it's not perfect and it doesn't fully reflect Alessandro's opinions and nuances published in the newsletter.
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