– Largest runs may achieve up to 1e29 FLOPs (~1000x current levels).
– Capabilities include AI automation of cognitive tasks like coding and mathematical discoveries with fewer human interventions.
– Economic implications: Annual global revenues from AI could grow into hundreds of billions USD while doubling national growth rates (estimated ~4% for the US).
– By ~2035, automation may cover all cognitive tasks cheaply as humans can perform them today. Societal shifts include unemployment spikes in entry-level jobs; higher economic growth (~10%/year).
– Physical automation via robots is slower due to manufacturing costs; alternatives like AR-based augmented labor being explored.
– GDP contribution from full-scale physical and cognitive task automation could exceed current norms exponentially post-2038-2040.
The report highlights medium-to-long-term implications of rapid advancements in artificial intelligence through scaling trends tied tightly with compute capacity. For India, such progress carries important opportunities-and challenges. Fast-paced developments could enhance domestic industries including IT services via cheaper automation solutions while also driving transformative breakthroughs across R&D sectors like pharmaceuticals or physics.
Though, India’s notable reliance on service exports rooted in human expertise faces disruption-especially if large-scale job automation materializes before adequate reskilling initiatives are implemented. Key countermeasures such as subsidies for AI startups or re-skilled apprenticeship frameworks might be vital investments during early adoption phases (~2025-2035). Industries will need more flexible readiness globally observing overall paradigms pivot whether consisting planned execution predictable-expansion periods innovation-aftereffects-design-events toward robot low cost revisits multi-decadal planners contours assists stakeholders.shouldered.balance sliders/time scale.
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