News Formal

Research: How Gen AI Is Already Impacting the Labor Market

  • 📰 HarvardBiz
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

A study of over 1 million job listings posted before and after the introduction of major gen AI tools reveals the effect they’re having on gig workers.

Many have wondered about — and feared — the impact that gen AI will have on labor markets. Some compare it to past innovations, like robots, whose effects have been relatively modest, while others have forecasted that its impacts will be more long-ranging, given gen AI’s fundamental ability to improve itself over time.

Today, advances in gen AI and natural language processing, such as ChatGPT, are transforming many industries and raising similar concerns. However, unlike past automation technologies, gen AI has the unique potential to impact all job sectors, particularly given its fundamental ability to improve its capabilities over time — which promises to affect the workforce in ways that go beyond simple job replacement.is an Assistant Professor at Imperial College London Business School.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 310. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Research: How Gen AI Is Already Impacting the Labor MarketA study of over 1 million job listings posted before and after the introduction of major gen AI tools reveals the effect they’re having on gig workers.
Source: HarvardBiz - 🏆 310. / 63 Read more »