Prepare for an AI jobs apocalypse
The rapid advancement of artificial intelligence has raised concerns about potential job losses. Many Americans fear that AI will make it more difficult to find work, particularly for college graduates. While historical trends suggest that labor markets adapt, the unprecedented capabilities of AI models could lead to significant changes in employment dynamics.
- ▪The launch of ChatGPT in 2022 sparked warnings about an impending jobs apocalypse from AI leaders.
- ▪Seventy percent of Americans believe AI will complicate job searches, with nearly a third worried about their own employment.
- ▪Despite historical evidence that technological progress has not reduced overall demand for labor, the rapid improvement of AI raises new concerns.
Opening excerpt (first ~120 words) tap to expand
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.