Tag: artificial intelligence jobs

AI likely to augment rather than destroy jobs: UN study
22Aug By adminNo Comments
Technology

AI likely to augment rather than destroy jobs: UN study

[ad_1] Artificial Intelligence is more likely to augment jobs than to destroy them, a UN study indicated on Monday, at a time of growing anxiety over the potential impact of the technology.The launch in November of the generative AI platform ChatGPT, which is capable of handling complex tasks on command, was seen as a tech landmark foreshadowing a potentially dramatic transformation of the workplace. But a fresh study from the United Nations' International Labour Organization (ILO) examining the potential effect of that and other platforms on job quantity and quality suggests that most jobs and industries are only partially exposed to automation. Most are "more likely to be complemented rather than substituted by the latest wave of Generative AI, such as ChatGPT", the ILO said."Therefor...
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AI will supercharge productivity. Will workers benefit?
26May By adminNo Comments
Technology

AI will supercharge productivity. Will workers benefit?

[ad_1] Productivity growth, or the ability to produce more per hour, is supposed to make everyone richer. The idea is that greater productivity allows companies to make more money, which workers and owners share through higher wages and more valuable businesses. But since the 1980s, productivity gains have gone almost exclusively to executives and owners of companies, leaving average workers behind and fueling the widest wage and wealth gaps on record.  Enter artificial intelligence, which promises greater productivity growth than any technology before it. If AI delivers, and those productivity gains continue to elude everyday workers, wage and wealth gaps will widen further, perhaps significantly, adding to the burdens that high rates of economic inequality are already placing on the e...
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AI could threaten some jobs, but it is more likely to become our personal assistant
26May By adminNo Comments
Technology

AI could threaten some jobs, but it is more likely to become our personal assistant

[ad_1] BT recently announced that it would be reducing its staff by 55,000, with around 11,000 of these related to the use of artificial intelligence (AI). The remainder of the cuts were due to business efficiencies, such as replacing copper cables with more reliable fibre optic alternatives.The point regarding AI raises several questions about its effect on the wider economy: what jobs will be most affected by the technology, how will these changes happen and how will these changes be felt? The development of technology and its associated impact on job security has been a recurring theme since the industrial revolution. Where mechanisation was once the cause of anxiety about job losses, today it is more capable AI algorithms. But for many or most categories of job, retaining humans wil...
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Threat perception of job loss from AI higher among students: Survey
29Apr By adminNo Comments
Technology

Threat perception of job loss from AI higher among students: Survey

[ad_1] The threat perception of job loss due to artificial intelligence is higher among technology-inclined students compared to working professionals, a survey by Digit Research Lab said on Friday.Most of the respondents in the survey believe that their career progression will be hindered if they do not acquire skills in artificial intelligence (AI). The survey was conducted among 3,050 respondents, comprising young professionals in the technology space and students with an interest in technology, between March 24 and April 10. "The survey also revealed that 59 per cent of Indians perceive AI as a combination of both opportunities and threats, with 11 per cent seeing it as a significant threat that could lead to job displacement and increased competition. The perceived threat level is ...
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