Will AI take away my job? Your questions on AI answered
September 12, 2023
We have all been hearing the alarm bells of machines taking over our jobs and AI infiltrating everything we love and enjoy, especially after ChatGPT and Midjourney AI became household names. But how much of it is rooted in reality and how much of it is (science) fiction?
Let’s start with defining AI. The goal of Artificial Intelligence (AI) is to develop machines and systems that are capable of reasoning, learning, perception, decision-making, and natural language processing tasks that typically require human intelligence. AI can be divided into two main branches: Narrow AI and General AI. We are all more or less aware of Chat GPT as it is the buzz right now. ChatGPT, as impressive as it is, belongs to the category of Narrow AI.
Some of the most notable Large Language Models (LLMs) are GPT-3.5 and GPT-4, developed by OpenAI, a research organization dedicated to creating and ensuring AI’s safe and beneficial use for humanity. GPT-3.5 was released in 2022 and had 175 billion parameters, while GPT-4 was released in 2023 and had 1 trillion parameters. GPT-4 is considered the most powerful LLM to date, capable of generating high-quality texts on almost any subject, given a suitable prompt.
Artificial Intelligence (AI) is a rapidly growing and exciting field with a wide range of career opportunities. Here are just a few reasons why a career in AI could be the perfect fit for you:
Becoming proficient in AI involves a range of skills and knowledge areas. Here are some specific ones:
While it might appear overwhelming initially, learning AI is a continuous process. The key is to adapt as the field evolves.
A recent Goldman Sachs study found that generative AI tools could, in fact, impact 300 million full-time jobs worldwide, which could lead to a “significant disruption” in the job market. In particular, roles that require repetitive data entry, legal administration, and careers that involve mathematical skills – even healthcare jobs – will all be impacted by AI’s adoption. This will change the future of work but it’s not all doom and gloom, AI is also creating jobs.
According to the World Economic Forum AI is set to create somewhere around 97 million jobs. One crucial term to remember when transitioning from the current job market to the new job market shaped by AI is ‘agility’. To stay ahead in the era of artificial intelligence, it is essential to embrace lifelong learning, develop soft skills, be agile, and specialize in a particular field. Besides, although the new wave of AI advancement may automate some functions, there is no replacement for human creativity, empathy, critical thinking, and problem-solving skills.
Source: Artificial Intelligence and the Future of Employment – WSJ, How Will Artificial Intelligence Affect Jobs 2023-2030 | Nexford University, AI will kill these jobs (but create new ones, too) | Computerworld
AI has demonstrated remarkable advancements, from natural language processing to autonomous vehicles. Its ability to analyze vast amounts of data and perform continuous tasks efficiently has transformed various industries, driving innovation and productivity. There is no stopping how AI will evolve throughout the years. The future of AI is promising, but it requires careful navigation of the opportunities and challenges it presents. Approaching AI development with a balanced perspective, and considering the potential benefits and risks is crucial. With proper planning and regulations, AI has the potential to enhance various industries and improve our daily lives.