Artificial intelligence (AI) has been a hot topic in recent years, with many experts predicting that it could revolutionize the way we work. The latest studies conducted by OpenAI and Goldman Sachs have found that AI could impact up to 80 percent of jobs in the US and EU.
Generative AI such as ChatGPT has been a game-changer, with the technology being rapidly incorporated into everyday products by companies like Microsoft and startups like Midjourney. As the use of AI continues to grow, it is important to understand how it will affect the workforce.
OpenAI partnered with Open Research and the University of Pennsylvania to study the impact of AI on the US workforce. The research found that the implementation of large language models (LLMs) like Generative Pre-trained Transformers (GPTs) could affect as much as 80 percent of the workforce. This means that AI could impact a large majority of jobs, changing the way we work.
The study found that using AI tools in various sectors could impact 15 percent of all work tasks in the US. Furthermore, as much as 20 percent of workers could see at least 50 percent of their work tasks impacted by AI, while 80 percent of the workforce could see at least 10 percent of their work being impacted by the technology.
While AI tools can help complete work significantly faster at the same level of quality, the researchers did not distinguish whether the application of technology augmented labor or displaced them. This raises concerns about the economic impact of AI on the workforce.
As we continue to see advancements in AI technology, it is important for businesses to consider the potential impact on their workforce. Companies must be prepared to adapt to these changes, by reskilling their employees and creating new job opportunities that harness the power of AI.
In conclusion, the studies conducted by OpenAI and Goldman Sachs provide insight into the potential impact of AI on the workforce. While the technology has the potential to revolutionize the way we work, it is important to consider the potential economic impact on the workforce and take steps to ensure a smooth transition.