The AI Landscape (short overview)
The arrival of ChatGPT has injected a spark into the booming A.I. market and ignited fierce competition between tech giants, with Google now compelled to buckle up for the new technology race. On Monday, they unveiled Bard - their own chatbot creation - while Microsoft invested $10 billion in ChatGPT's parent organization last month. It is clear that this sector will be a hotbed of activity as these industry captains battle it out.
The moral maze of Generative AI such as Chat GPT, Bard, and Bing, may remind you strongly of Lensa, which supposedly stole the work of digital artists. The introduction of this app and its other AI peers caused an uproar in the contemporary art community, as many felt Stable Diffusion - the AI learning model used by these apps - was plagiarizing artwork from real artists without their permission or compensation.
Although Lensa is accurate most of the time, it does have difficulty recognizing faces from far away. Rather similar to ChatGPT and its fact or coding accuracy. The potential limitations of Generative AI bring hope to many, assuring that employment opportunities will not disappear in the near future.
Even if Generative AI does not make certain jobs obsolete, one thing is for sure: no industry will remain intact.
Will AI outstrip human candidates and which jobs can easily (in theory) become obsolete?
Some experts have claimed that AI would replace half of all U.S. jobs, and have compared ChatGPT's revolution to the effect Uber had on the taxi industry.
The list below provides three examples of professions that could see a decline in demand and risk due to AI advances:
Tech jobs
Professionals who work in tech, such as programmers, could be vulnerable to job loss. For instance, ChatGPT is capable of writing and debugging code; therefore providing a valuable solution for those who need it.
Data analysis is another sphere at risk, particularly those who specialize in gathering or examining huge amounts of information usually without utilizing much of their judgment.
Media jobs
Generative AI has the capacity to create a variety of written pieces, including but not restricted to script writing and content generation. Some A.I. tools can even take your inputs as words or statements and generate human-like outputs — from Kipling's poetic style to suggesting what you can gift for your mother on her birthday.
Despite their drawbacks, such as susceptibility to numerous mistakes and lack of knowledge when responding, many experts believe that ChatGPT e.g. could eventually take over the roles of low-quality writers. It is ideal for initial drafts while you keep fact-checking any statement it makes.
Human interaction, emotionality, and wit... remain untouched from Generative AI. For now.
Legal assistant jobs
As ChatGPT and other AI-driven chatbots become increasingly adept at understanding, analyzing, and creating legal language, the jobs of paralegals, contract lawyers, and court consultants seem to be on a path toward obsolescence. According to Bloomberg Law's 2019 post which analyzed these potentially endangered roles, AI has already begun putting some legal positions in peril before even launching an advanced product such as ChatGPT.
How to use Generative AI to your benefit and boost your productivity?
Research
How many times a day do you search online for something related to your work tasks? A.I. may sift through the sea of information available, and even put it in simpler words. Despite the fact that ChatGPT's data is only from 2021, it has access to millions of websites and is capable of responding to any query.
Having quick access to information could ultimately make your job more enjoyable by freeing up time for idea generation. Some of the mundane tasks will become obsolete, allowing you to focus on generating creative ideas and asking insightful questions that are more intriguing than browsing online.
Data analysis
The potential of Generative AI technologies allows for a rapid intake and analysis of considerable amounts of data, making life easier in roles requiring this type of work. For example, academics can now spend less time manually crunching numbers and more on other aspects related to their field. Besides that, Artificial Intelligence's capability to recognize market patterns quickly make it possible for companies like financial firms to better manage their portfolios by predicting the optimal investment mix with collected data points from various sources.
Coding
Tech professionals often agree that AI will not replace coders, but rather aid them in becoming more productive and proficient. Furthermore, its capability of detecting mistakes in the code makes it a valuable enhancer, not a replacement.
However, coders should proceed with caution when receiving help from an A.I., as some users have found that ChatGPT e.g. answers incorrectly coding problems.
Generative AI may be able to help coders by running code snippets, testing different versions, and recognizing patterns. It can make suggestions about how to write more efficient code, where to look for better solutions or changes, and even provide information about the best methods of implementation. However, it is important to note that ChatGPT and other AI are not intended to completely replace a human coder and should be used in conjunction with the coder’s expertise.
Writing the draft
Some use Generative AI as a way to improve their writing or as a thought partner. Others use it for generating additional ideas and saving time when in need to write emails or even cover letters. Creatives use the technology to draw inspiration for their songs, and books or to get rid of boring tasks that they can now outsource.
Let the AI bot help you to draft a base of your writing, then you can take it from there and make the necessary adjustments.
Generative AI's potential is still relatively unknown and its applications range greatly, but one thing is clear: It will have a major impact on the way we work.
