Business Maverick: ChatGPT will replace some jobs, but traders say not theirs

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 84%

United States News News

United States United States Latest News,United States United States Headlines

Advanced artificial intelligence systems stand to threaten jobs primarily in the financial, legal and technology sectors, according to the latest MLIV Pulse survey.

What’s more striking about the results: More than two-thirds of 292 respondents went on to say they didn’t view their own jobs as being at risk anytime soon, even as they work predominantly in the financial sector.

Artificial intelligence has been in development in some form for decades. But in recent months a surge of interest in so-called generative AI – most notably OpenAI’s ChatGPT and DALL-E products – sparked widespread excitement among investors who believe it could also generate massive financial rewards.

MLIV Pulse survey participants were split almost evenly on whether these kinds of technologies were worth investing in. There was an evident lack of professional use of any kind of artificial intelligence from the majority of investors, with only 12% saying they used one and just 27% saying they planned to. More than half of all respondents said they aren’t even considering using AI to help them invest.

This contrasts starkly with recent rallies seen in the market for companies connected to advanced AI, in part fuelled by the widespread publicity of ChatGPT and Microsoft’s $10-billion

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:

 /  🏆 3. in US
 

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

United States United States Latest News, United States United States Headlines

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

Presidency on Mminele exit: SA has 'sufficient resources and skills' to continue just transition | BusinessThe Presidency has assured SA it has 'sufficient resources and skills' to continue its work with the Just Energy Transition Partnership; this as Daniel Mminele makes his exit. | News24_Business _Business 😂 _Business _Business Is he going to be the next Eskom CEO by any chance?
Source: News24 - 🏆 4. / 80 Read more »

Transnet Freight Rail says it needs R80bn to get back on track | BusinessTransnet Freight Rail has a capital investment shortfall of R80 billion over the next five years to restore its operations, top company executives told a National Treasury webinar on Friday. | News24_Business politicsblahbla _Business politicsblahbla First repair your stations and tracks . remove squatters from your tracks.. restore service there .than just maybe you see the light _Business politicsblahbla Amazing how Transnet are allowed to flourish in incompetens and corruption under anc leadership, obviously against the future of the taxpayers of South Africa. _Business politicsblahbla R1billion investment would be helpful...oh wait...we've sponsored SpursOfficial instead! 🤣😂🤦🏻‍♀️ MYANC 🤡's want 2 bring in tourists but it's own SA citizens don't even have a functioning rail system let alone electricity 2 run them even if we did. U can't make this shit up. 🥴
Source: News24 - 🏆 4. / 80 Read more »

Rand takes hit as US jobs surge sends dollar higher | BusinessA surge in hiring in the United States renewed worries about aggressive interest rate hikes, bolstering the dollar and whiplashing Wall Street stocks. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »

Ghana receives R80 million for forest conservation, more African countries to follow | BusinessOn 24 January 2023, Ghana was unveiled as the second African country after Mozambique to receive payments from the World Bank's Forest Carbon Partnership Facility. | News24_Business _Business Buying benz with that money as you read this _Business Am so happy, I don't know what to say you are the best trader I just got the $8,700 alert an hour ago in my Bitcoin wallet account I was a bit busy before now I know trading in Bitcoin with you is legitimate thanks for your opinion and opportunity easy_to_earn80k _Business African Leaders are selling us to the West. African is proof that Covid was a Western, a WHO pandemic. Covid has almost completely disappeared in Africa. We as people are done with the slave trade
Source: News24 - 🏆 4. / 80 Read more »

'Challenged' Eskom runs job ad for new CEO with 'integrity and ethics' | Business'A leader with unquestionable integrity and ethics' with a track record of 'turning around commercially and operationally challenged organisations' is needed to take the helm at SA's embattled power utility Eskom. | News24_Business _Business Eskom should be on Business Rescue, As the current available leadership in Eskom and government got no integrity nor ethics. They specialize in criminality. _Business No one, irrespective of skill, integrity, will ever get Eskom right while the ANC has its paws on the entity.. _Business No one with unquestionable integrity and ethics would get involved with Eskom or the ANC. The two embody everything that destroys integrity, goodwill, and fair dealing.
Source: News24 - 🏆 4. / 80 Read more »

SEE | These are the skills SA needs for the energy jobs of the future | BusinessSouth African Energy Skills Roadmap 2023 shows that the current education system provides adequate training for existing jobs but needs to prepare students for a future with renewables. | News24_Business _Business Do I understand it correctly that the schooling is adequate existing jobs, so those with good marks are trainable, granted, but those with the 30% pass marks, what are we going to train them to do? 🤔🤔🤔
Source: News24 - 🏆 4. / 80 Read more »