If you've ever gotten in a black cab in London, you'll likely have noticed just how knowledgeable your driver seems to be.
"Suddenly, knowing the name of each street in London was no longer valuable expertise, so that anybody with a drivers license could drive a taxi," Professor Carl Benedikt Frey, the director of future of work at the Oxford Martin School, told me over email."The result was more competition for incumbent taxi drivers who saw their incomes fall by around 10%.
It isn't just customer support work where this dynamic could take hold. Think translators, web designers, lawyers, accountants, copywriters, and HR professionals as well. The skills developed via advanced degrees or years of experience in a specific role, or in a specific company, might soon be embedded into a generative AI tool, lowering the bar to entry.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Top 10 US cities with best return on investment: Agent Advice research10 US cities where real-estate investors can get the best bang for their bucks in lower home prices relative to higher rents charged, and 10 with the worst returns, according to a research firm
Source: BusinessInsider - 🏆 729. / 51 Read more »