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“The Impact of AI Language Models on the Future of Work”

Many workplaces will be impacted in some way by the AI ​​language models. (Photo: Andrea De Santis / Unsplash)

Two studies have recently been published that deal with the consequences of the latest AI developments on the world of work. A study comes from the University of Pennsylvania and OpenAI, the company behind ChatGPT. A second study was published by investment bank Goldman Sachs. Both studies come to results that suggest that as a result of working with AI models such as ChatGPT, different professional groups would have to fear to different extents about the preservation of jobs. First and foremost, accountants, mathematicians and writers are mentioned, but in addition to journalists and blockchain engineers, PR specialists are also particularly at risk.

With a very global investigative approach, the US investment bank Goldman Sachs comes to the prognosis that up to 300 million full-time jobs worldwide could fall victim to the use of artificial intelligence. Administrative employees and lawyers in particular are at risk here. In the US and Europe, about two-thirds of all jobs are affected by some form of AI automation, and up to a quarter of all jobs can be done entirely by AI. Significant dangers for the labor markets are forecast.

The researchers from OpenAI and the University of Pennsylvania conclude that most workplaces are influenced in some way by the AI ​​language models. Four-fifths of workers in the US work in jobs where at least one task could be completed faster than humans through the use of generative AI. There are more favorable forecasts for professions such as cooks, car mechanics or jobs in oil and gas extraction as well as in forestry and agriculture, in which AI does not play a major role.

Hinrich Schütze, Director of the Center for Information and Speech Processing at the Ludwig Maximilian University of Munich (LMU), sees the development of generative AI as a revolution that is technologically comparable to the Internet or smartphones. The AI ​​systems are still a long way from a real understanding of the content of the topics: “The basic technology for the language pattern is simply to always predict the next word, very stupid, always the next word.”

Nevertheless, the consequences are already enormous: “There will be major changes in how we write, whenever we write texts, how we program.” This also has major consequences for day-to-day work. “A lot of jobs will disappear if it’s just a matter of writing summaries, collecting and condensing knowledge.”

However, the Munich AI expert warns against giving artificial intelligence too much radius of action when making decisions, for example in the judiciary, medicine, tax advice or asset management. The AI ​​makes many statements with great persuasive power, although the facts are often incorrect, “People think that must be true if the model is so sure. But in reality the model cannot assess its own safety. That’s one of the big problems we have.”

Also read the new column by Jost Listemann on the subject of artificial intelligence entitled “AI photos: We are getting closer to reality…”. here in the “PR-Journal” can be found.

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