1 minute read
EFFICIENCYINNOVATION&
from AI OverHaul
by LASA Ezine
The innovation of technology has made the efficiency of many different workforces tremendously better.
The use of AI
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in replacing human tasks has had a significant impact on the job market. While the full extent of this impact is still being studied and debated, there are clear trends and observations that have emerged. For example, automation and AI have already led to job displacement in some industries such as manufacturing and customer service. However, AI has also created new job opportunities, such as AI researchers and developers.
In short, the rise of AI has brought about significant changes in the way tasks are performed across industries. While there are clear benefits to using AI to replace human tasks, such as increased efficiency, cost savings, and improved accuracy, there are also potential drawbacks to consider, such as job displacement, bias, and privacy concerns. As AI technology continues to develop and improve, it is important for businesses and policymakers to consider the potential impacts and make informed decisions about its implementation. At the same time, it is important for individuals to stay informed about the changes taking place in the job market and develop the skills necessary to thrive in an increasingly automated and technologically advanced world. As ChatGPT shows, AI is capable of incredible feats of intelligence and learning, but its true potential lies in the ways it can complement and enhance human abilities, rather than replace them entirely. By working together with AI, humans can harness its power to achieve even greater heights of innovation and progress.
Between 400 and 800 million individuals could be replaced by automation and need to f ind new jobs by