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15.02.26 - 16:13
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Why WALL-E is ′The Good Scenario′ from AI Disruption (Bloomberg)
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AI is already reshaping the value of human expertise, but its effects on workers aren't predetermined. MIT professor David Autor says the key question isn't what jobs can be automated, but which tasks within a job are automated and who benefits from that shift. In some cases, AI can increase wages and productivity; in others, it can lower barriers to entry, intensify competition and compress pay. Stanford professor Erik Brynjolfsson discusses whether AI will widen inequality or expand opportunity, and how policymakers can steer its development. (Source: Bloomberg)...
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15.02.26 - 14:13
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Why US Public Transit Is Overpaying for Buses (Bloomberg)
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Public transit is essential for millions of Americans, but the way buses are procured may be limiting how much service cities can afford. Harvard professor Ed Glaeser says agencies often order highly-customized buses in a market with shrinking competition, while federal funding rules shape how purchases are made. Transit executives argue that operating realities require flexibility, yet agree reform is needed. Could smarter procurement and more competition help cities get more buses for less money? (Source: Bloomberg)...
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