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moneyreview.gr
Fri 03/02/2023, 13:51
Since its release last November, OpenAI's ChatGPT has been used to write resume cover letters, to write a children's book, and for several student assignments. Google found that in theory, it would hire the bot for a developer position if it could pass an interview, and Amazon employees who tested ChatGPT found it to do a "very good job" of answering customer service questions.
Of course, it has been found that ChatGPT can give wrong answers, make mistakes in basic math operations and spread misinformation.
So while a 2013 study by the University of Oxford found that 47% of jobs in the US could be done by AI robots in the next 20 years, in practice, things look different.
Anu Madgavkar, a partner at the McKinsey Global Institute, explained to Business Insider that human judgment is still required in these technologies to prevent errors and biases. "We need to see these things as tools to enhance productivity and not as substitutes (for humans)," he notes.
Business Insider spoke to experts to find the occupations in which workers are most at risk of being replaced by artificial intelligence:
These professionals are in demand, but at risk from AI, because tools like ChatGPT are good at manipulating numbers with relative precision. In fact, companies like OpenAI are thinking about replacing some software engineers with AI. But Oded Netzer, a professor at Columbia Business School, believes AI will help coders rather than replace them.
Experts say AI like ChatGPT is good at writing content and can do it "more efficiently than humans." And that's because AI can read, write and understand data from text very well. Economist Paul Krugman has written in a New York Times op-ed that ChatGPT can do tasks such as broadcasting news and writing better than humans. Already, BuzzFeed has announced that it will use OpenAI technology to create content.
Like many journalists, paralegals are required to process large amounts of information, synthesize what they've learned, and then make it all "digestible" in a short text. Therefore, their roles lend themselves to automation, without this meaning that some degree of human judgment will not be necessary to understand exactly what a client or employer is asking for.
Market research analysts are responsible for collecting data, identifying trends within the data, and leveraging those findings to plan advertising campaigns. These are things that artificial intelligence can handle.
Teachers in English-speaking countries fear that their students are using ChatGPT to do their homework, but according to Business Insider, they should be worried that it will take away their work. According to experts, ChatGPT can easily teach a class already. Indeed, he has some gaps in his knowledge, but this can easily be corrected.
Financial analysts, personal financial advisors and other personal finance jobs require the management of significant amounts of numerical data. Artificial intelligence can spot trends in markets, determine which investments in a portfolio are performing better or worse, and dig into company financials to identify investment opportunities.
Many trader roles on Wall Street and other exchanges may be affected by AI. In these positions, junior traders are usually hired as soon as they graduate and spend the next 2-3 years doing the work of a "robot", i.e. writing numbers in Excel and building financial models. This is something that AI can easily do.
The rise of artificial intelligence is expected to hit those who are paid to create and process images financially, especially those who struggle to keep up with technological advances.
Accountants are generally considered a stable profession, but it is possible that they will be affected by artificial intelligence.
In many companies, customer service is already a robot, but this trend is expected to expand. Gartner's 2022 study predicted that chatbots will be the primary channel for customer service for 1 in 4 companies by 2027.
Fri 03/02/2023, 13:51
Since its release last November, OpenAI's ChatGPT has been used to write resume cover letters, to write a children's book, and for several student assignments. Google found that in theory, it would hire the bot for a developer position if it could pass an interview, and Amazon employees who tested ChatGPT found it to do a "very good job" of answering customer service questions.
Of course, it has been found that ChatGPT can give wrong answers, make mistakes in basic math operations and spread misinformation.
So while a 2013 study by the University of Oxford found that 47% of jobs in the US could be done by AI robots in the next 20 years, in practice, things look different.
Anu Madgavkar, a partner at the McKinsey Global Institute, explained to Business Insider that human judgment is still required in these technologies to prevent errors and biases. "We need to see these things as tools to enhance productivity and not as substitutes (for humans)," he notes.
Business Insider spoke to experts to find the occupations in which workers are most at risk of being replaced by artificial intelligence:
· Technology (Coders, computer programmers, software engineers, data analysts)
These professionals are in demand, but at risk from AI, because tools like ChatGPT are good at manipulating numbers with relative precision. In fact, companies like OpenAI are thinking about replacing some software engineers with AI. But Oded Netzer, a professor at Columbia Business School, believes AI will help coders rather than replace them.
· Mass media (advertising, content creation, journalism)
Experts say AI like ChatGPT is good at writing content and can do it "more efficiently than humans." And that's because AI can read, write and understand data from text very well. Economist Paul Krugman has written in a New York Times op-ed that ChatGPT can do tasks such as broadcasting news and writing better than humans. Already, BuzzFeed has announced that it will use OpenAI technology to create content.
· Legal professions (paralegals)
Like many journalists, paralegals are required to process large amounts of information, synthesize what they've learned, and then make it all "digestible" in a short text. Therefore, their roles lend themselves to automation, without this meaning that some degree of human judgment will not be necessary to understand exactly what a client or employer is asking for.
· Market research analysis
Market research analysts are responsible for collecting data, identifying trends within the data, and leveraging those findings to plan advertising campaigns. These are things that artificial intelligence can handle.
· Teachers
Teachers in English-speaking countries fear that their students are using ChatGPT to do their homework, but according to Business Insider, they should be worried that it will take away their work. According to experts, ChatGPT can easily teach a class already. Indeed, he has some gaps in his knowledge, but this can easily be corrected.
· Professions of finance
Financial analysts, personal financial advisors and other personal finance jobs require the management of significant amounts of numerical data. Artificial intelligence can spot trends in markets, determine which investments in a portfolio are performing better or worse, and dig into company financials to identify investment opportunities.
· Traders
Many trader roles on Wall Street and other exchanges may be affected by AI. In these positions, junior traders are usually hired as soon as they graduate and spend the next 2-3 years doing the work of a "robot", i.e. writing numbers in Excel and building financial models. This is something that AI can easily do.
· Graphic designers
The rise of artificial intelligence is expected to hit those who are paid to create and process images financially, especially those who struggle to keep up with technological advances.
· Accountants
Accountants are generally considered a stable profession, but it is possible that they will be affected by artificial intelligence.
· Positions in customer service
In many companies, customer service is already a robot, but this trend is expected to expand. Gartner's 2022 study predicted that chatbots will be the primary channel for customer service for 1 in 4 companies by 2027.