Legal, finance jobs most at risk from AI, recent studies suggest

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Legal and finance jobs are among the most at risk from AI, while construction and trade jobs face minimal influence, studies suggest

AI chatbots like ChatGPT have excelled at writing code. The new programs can analyze numbers and produce code, often at a faster rate than humans can.

The study led by Princeton University ranked software publishers as the 11th most likely sector to be affected by tech like ChatGPT, something Raj put down to the chatbot's impressive coding abilities. The Goldman researchers estimated that about 29% of computing and mathematical tasks in the US and Europe could be automated.Sectors with a high number of blue-collar roles, such as construction, scored relatively low on Goldman Sachs' report.

Construction and related workers were also ranked some of the least influenced occupations on the list compiled by researchers at Princeton University, the University of Pennsylvania, and New York University. Trade work requires practical, hands-on experience and specialized training, and many of the tasks involve manual labor.

Craft and related trade workers had the lowest share of industry employment exposed to automation in Europe, Goldman Sachs found. The researchers estimated that only 4% of the industry was exposed to automation by AI in the region.Subscribe to push notifications

 

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