Could ChatGPT lay waste to millions of professional jobs, including journalists?
Source: The Wall Street Journal
Date: April 5, 2023
"...professionals such as grant writers, data analysts, and HR professionals were able to produce news releases, short reports, and emails in 37% less time and with superior results using ChatGPT..."
Greg's Words
AI is replacing journalists, copywriters, and creatives in all industries.
It's happening right now as the writers in Hollywood strike. Good luck with that.
Unlike loom operators, automotive painting booths, and redundant manufacturing processes, the creative arts were once thought untouchable by machines or any being possessing a level of intellect less than a painting elephant.
Not anymore. Every creative effort that involves a creator and a beholder is impacted by the '6 billion' points of light ChatGPT can call upon.
What better to illustrate this than through the human beauty that is a sonnet based on the human-generated WSJ article- created in less than 8 seconds, by ChatGPT in the Style of Frost:
Key highlights:
- Generative AI like ChatGPT has the potential to significantly boost labor productivity and disrupt various professional fields.
- Around 19% of all workers could see at least half their tasks affected by generative AI, with journalists being one of the most exposed occupations.
- While there are concerns about AI's potential negative impacts, history suggests that humans have managed to adapt and find new opportunities as technology evolves.
Generative AI, exemplified by ChatGPT, has been making waves in various professional fields with its potential to boost labor productivity and disrupt traditional work processes.
According to a study by MIT doctoral students Shakked Noy and Whitney Zhang, professionals such as grant writers, data analysts, and HR professionals were able to produce news releases, short reports, and emails in 37% less time and with superior results using ChatGPT. Microsoft Corp. researchers also found that programmers using a tool based on OpenAI's technology cut the time required to program a web server by more than half.
Goldman Sachs Group Inc. economists suggest that generative AI could raise labor-productivity growth by almost 1.5 percentage points a year, essentially doubling its current rate. This increase in productivity also implies that some workers or types of work may become obsolete. Generative AI is affecting well-paid, college-educated professionals, a demographic that has historically been less impacted by automation.
A study by OpenAI and the University of Pennsylvania revealed that occupations like mathematicians, interpreters, and web designers are among the most vulnerable to generative AI. Approximately 19% of all workers could see at least half their tasks affected, with journalists being one of the occupations potentially 100% exposed. This development brings the fear of obsolescence that has plagued blue-collar workers for generations to a new group of professionals.
Despite ChatGPT's impressive capabilities, mistakes happen, as it is designed to provide pleasing answers rather than objectively correct ones. AI improves over time, and will make fewer factual errors, and become more adept at tasks like basic algebra, for which some versions already include specialized chatbot plug-ins.
While AI's potential to mislead people, spread divisive content, or take decision-making away from humans raises concerns, such issues are unlikely to slow down its development, especially considering the financial opportunities at stake and competition from countries like China. Past predictions about technology's labor-market impacts have been notoriously flawed, with many experiments failing to replicate in the real world.
This is different.
According to Joshua Gans, an economist specializing in AI at the University of Toronto, technological changes transform scarce resources into abundant ones, revealing their true value. In the case of journalism, the value lies in asking good questions and judging the quality of the answers, not in writing the results. As AI continues to advance, humans must adapt and stay ahead of the machines.
Historically, this has always been the case, and new opportunities have emerged as technology evolves.
________
Tweet: AI is coming for professional jobs, including journalism. Can we adapt to the change or will we be left behind? #AI #ChatGPT #jobdisruption
LinkedIn Intro: The rise of generative AI like ChatGPT has the potential to revolutionize various professional fields. Will we be able to adapt and find new opportunities or succumb to obsolescence? Discover the future of work in this eye-opening article.
Keywords: generative AI, ChatGPT, labor productivity, professional jobs, journalists, automation, job disruption, obsolescence, adaptation
Image prompt: A futuristic office setting with AI-powered robots working alongside human professionals, symbolizing the potential integration of generative AI into various fields.
Search question: What is the impact of generative AI like ChatGPT on professional occupations and job markets?
Suggested song: "Mr. Roboto" by Styx, reflecting the theme of machines and automation in the workplace.
No comments:
Post a Comment