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"Analyst Brian Nowak estimates that the AI technology will have a $4.1 trillion economic effect on the labor force - or affect about 44% of labor - over the next few years by changing input costs, automating tasks and shifting the ways companies obtain, process and analyze information. Today, Morgan Stanley pegs the AI effect at $2.1 trillion, affecting 25% of labor. "We see generative AI expanding the scope of business processes that can be automated," he wrote in a Sunday note. "At the same time, the input costs supporting GenAI functionality are rapidly falling, enabling a strongly expansionary impact to software production. As a result, Generative AI is set to impact the labor markets, expand the enterprise software TAM, and drive incremental spend for Public Cloud services.""

"From 2016 to 2020, the Australian government operated an automated debt assessment and recovery system, known as "Robodebt," to recover fraudulent or overpaid welfare benefits. The goal was to save $4.77 billion through debt recovery and reduced public service costs. However, the algorithm and policies at the heart of Robodebt caused wildly inaccurate assessments, and administrative burdens that disproportionately impacted those with the least resources. After a federal court ruled the policy unlawful, the government was forced to terminate Robodebt and agree to a $1.8 billion settlement."

"Advances in technology have long been recognised as a threat to manual labour. Now highly skilled, knowledge-based jobs that were once regarded as safe could be at risk. How will they adapt to the digital age?"

"The platform's automated tools may have mistaken the visuals of the burning building for 9/11 footage, according to Vagelis Papalexakis, an assistant professor of computer science and engineering at the University of California, Riverside who studies machine learning used in similar systems."

"A new proposal could see the country reduce the amount of tax benefits for companies that invest in automated machinery."

"White-collar workers, armed with college degrees and specialized training, once felt relatively safe from automation. But recent advances in A.I. and machine learning have created algorithms capable of outperforming doctors, lawyers and bankers at certain parts of their jobs. And as bots learn to do higher-value tasks, they are climbing the corporate ladder."

""I think, without question, having access to quantitative data about our conversations, about facial expressions and intonations, would provide another dimension to the clinical interaction that's not detected right now," said Barron, a psychiatrist based in Seattle and author of the new book Reading Our Minds: The Rise of Big Data Psychiatry."

"Vast sums are being spent by governments across the industrialized and developing worlds on automating poverty and in the process, turning the needs of vulnerable citizens into numbers, replacing the judgment of human caseworkers with the cold, bloodless decision-making of machines. "

"Facebook's gol' durn algorithm is acting up again, say humans working at Meta, who apparently have no control over the automated system that approved ads calling for the murder of Brazilian President Luiz Inacio Lula da Silva and his children."

"The dark forest theory of the web points to the increasingly life-like but life-less state of being online. Most open and publicly available spaces on the web are overrun with bots, advertisers, trolls, data scrapers, clickbait, keyword-stuffing "content creators," and algorithmically manipulated junk. It's like a dark forest that seems eerily devoid of human life - all the living creatures are hidden beneath the ground or up in trees. If they reveal themselves, they risk being attacked by automated predators."

"A report from the Oxford Martin School's Programme on the Impacts of Future Technology said that 47 percent of all jobs in the U.S. are likely to be replaced by automated systems. Among the jobs soon to be replaced by machines are real estate brokers, animal breeders, tax advisers, data entry workers, receptionists and various personal assistants."

"Automated decision-making is appealing to businesses as it can save time and eliminate human emotional volatility. "People have a bad day and it then colors their perception of the world and they make different decisions. In a hedge fund that's a big deal," he added."

"Those changes happened relatively slowly, but it seems to me that employment disruption is accelerating. A large reason for this is that what used to be a room-sized super computer now fits in my pocket. Over the last two decades, I have observed a fundamental change in how we can apply advanced algorithms to sensing and controlling systems-the kinds of technology that enable more sophisticated robotic manufacturing. I can remember discussing various algorithms and believing they were well beyond what we could ever implement. Now these same algorithms are considered elementary. They are just some of the changes that have fueled the revolution in manufacturing."

"But TURBINE, which was carried out with other "Five Eyes" spy agencies as part of the NSA's $67.6M "Owning the Net" plan, is intended to automate the infection process, allowing for "millions" of infections at once. "

"Freedom of information website WhatDoTheyKnow.com, which automates FOI requests and publishes responses, says it has recorded 154 accidental data leaks made by councils, government departments, police, the NHS and other public bodies since 2009. This amounts to confidential data being wrongly released on average once every fortnight."

""We have absolutely nothing against bricklayers," Pivac says. "The problem is the average age of bricklayers is going up and it's difficult to attract new young people to the trade." There's a debate on about the future of automation-what it means that machines may be able to match humans at virtually any task. For now, robots are nowhere near that advanced."

""The technology is also useful in cases where the driver loses consciousness and has let go of the steering wheel. If such an event occurs, the car will independently pull over. Temporary control of the car is the second wave of driver perception-enhancement - while we are still on the first wave, which culminates with the car's ability to break on its own in case of emergency. Therefore, the next phase is automated driving, the instant you let go of the wheel.""