More and more businesses are using artificial intelligence, including generative artificial intelligence models ("AI") to perform tasks currently performed by human workers. We don't expect that AI will replace an entire workforce, given AI's tendency to "hallucinate," a term used to refer to AI generating a false response. As such, at minimum, many businesses that rely on AI will nonetheless still need to employ human workers to oversee AI outputs.
Massachusetts Institute of Technology (MIT) analysis shows that AI job displacement will be gradual, with only 1.6% of worker wages in the US economy capable of automation and 23% of those tasks feasible to automate.
There's understandable fear artificial intelligence will lead to job losses. But business leaders are hopeful automation will boost workplace opportunities, too.
You would have been living under a rock if you did not know how artificial intelligence is set to affect jobs in 2024-2030. AI like ChatGPT seems to be stealing all of the headlines at the moment, Google unveiled new AI software to build presentations, analyze and enter data, and write content, and there are so many more AI tools like Gamma and Numerous AI.
To get a better sense of the effect AI might have on different industries across the labor market, we reached out to experts in medicine, law, art, retail, film, tech, education and agriculture, to address 1) How will AI change the nature of work? and 2) How will AI change the labor force in this specific industry?