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Showing posts with the label FUTURE_OF_WORK

AI May Create Far More Jobs Than It Kills

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It’s been just about a year now—a nonprofit called the Future of Life Institute posted an open letter reflecting people’s darkest fears about artificial intelligence. “Contemporary AI systems are now becoming human-competitive at general tasks,” it said. It called for a pause in training of the most advanced AI, so that technology companies could develop safety protocols. It expressed worry about disinformation and out-of-control machines. And it struck a nerve with its concerns that some AI could make human work irrelevant. “AI is a tool. ... And tools generally aren’t substitutes for expertise but rather levers for its application.” —Davi...... Read Full article on HadNews

CEO's predict job cuts from AI in 2024

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A survey of global CEOs found a quarter expect to cut over 5% of staff this year as generative artificial intelligence (AI) rolls out. In a recently published report ahead of the World Economic Forum (WEF) meeting in Davos, UK accounting giant, Pricewaterhouse Cooper (PwC) found that media, entertainment, banking, insurance, and logistics firms are most likely to cut jobs due to AI automation. These industries anticipate generative tools handling tasks currently done by white-collar workers. Meanwhile, engineering, construction, and technology companies are less likely (but not immune) to be hit by AI disruption. Industry leaders estim...... Read Full article on HadNews