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Home BUSINESS AFRICAN AMERICAN (B)

by huewire
November 12, 2024
in AFRICAN AMERICAN (B), ASIAN (B), INDIAN (B), MIDDLE EASTERN (B), NATIVE AMERICAN (B)
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  • Many have wondered about — and feared — the impact that gen AI will have on labor markets. Some compare it to past innovations, like robots, whose effects have been relatively modest, while others have forecasted that its impacts will be more long-ranging, given gen AI’s fundamental ability to improve itself over time. New research analyzed over a million job posts for online gig workers to see what affect the introduction of tools like ChatGPT and image-generating AI have already had on the quantity of posts, job requirements, and pay of online workers — and which fields and professions have been the most impacted. The researchers offer insight into the challenges and potential opportunities of these shifting markets.

    In the early 2000s, when Amazon introduced its Kiva robots to automate warehouse operations, employees feared for their jobs as machines began taking over tasks previously performed by humans. Today, advances in gen AI and natural language processing, such as ChatGPT, are transforming many industries and raising similar concerns. However, unlike past automation technologies, gen AI has the unique potential to impact all job sectors, particularly given its fundamental ability to improve its capabilities over time — which promises to affect the workforce in ways that go beyond simple job replacement.

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