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New artificial intelligence technology boasting the capability of “learning” how to do more advanced tasks can already translate, predict credit behavior, drive cars and provide answers to voice queries, replacing the humans who once did that work. But to expect that “emerging” tech—computers that rely on AI rather than simple subroutines—will actually replace older human workers by 2040 is a mistake, since older humans still have capabilities that even AI can’t duplicate.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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