Sunday, 2 July 2023

The Impact of Artificial Intelligence on the American Workforce: How AI is Revolutionizing Job Roles





Artificial Intelligence and Its Impact on the Business World

Introduction

Artificial intelligence has great potential to “revolutionize” the business world.

If the programmers who have been in able to develop generative AI systems they didn’t think their jobs would be in danger after the systems they developed started taking over their work!

Automation of Jobs

Tech companies hired people who specialized in programming and coding to develop software and various solutions, but some of these companies now rely on software of artificial intelligence to get the job done quickly and cheaply, according to the Wall Street Journal.

Industrial workers software

Artificial intelligence solutions have emerged in the last period in able to carry out many of the jobs that were carried out by ordinary people and are being replaced by advanced technological systems, in first line were the jobs of industrial workers software which economists call “skills-oriented technological change”.

Economists have also pointed out that this is what happens when “technology makes workers more productive, while it appropriates the complex and difficult parts, making the workers who do them more replaceable.”

Impact on American Workforce

Half of the American workforce

According to the newspaper, “artificial intelligence is working to automate cognitive work” and this will affect “half of the American workforce working in these jobs,” as the demand for middle-skilled people will decline in favor of different technology systems.

He also pointed out that “new technology has the ability to adjust the mix of winners and losers in the increasingly polarized US economy” around various axes.

Surviving the “economic slowdown”

Se added that the rollout of various programming assistance tools was consistent with technology companies’ campaigns to lay off large numbers of employees late last year, while “service engineer” jobs software have been the biggest losers in the U.S. job market since early 2023, according to data from “Revelio Labs,” while demand remains high for those with “very advanced experience” in fuel engineering software.

He attributed what is happening in the labor market in the industry software to the fact that emerging companies are trying to survive the “economic slowdown” and reduce their focus on employment, while some companies hire people with advanced and exceptional skills and maintain their presence by blocking any opportunities available to those with average skills.

GPT and Microsoft Chat

It is reported that from the end of 2022, “Chat GBT” began to capture the boom of generative AI, in particular in the creation of text, images or even videos, and the workers of the software they found a way to use and adapt it by helping them create and test programming “codes”, and little did they know that they were facing the “Boom” and they too would lose their jobs.

And in mid-2022, Microsoft launched a special programming tool, “Github CoPilot”, which allows programmers and even ordinary users to use it to create programming “codes” and help test them.

Additionally, data from the “Stack Overflow” business survey shows that approximately 70% of the 90,000 programmers who participated in the survey use AI solutions in their work, while approximately a third of them indicated that these tools make them more productive.

The Need for Government Intervention

Urge governments to take action

Tech savvy fear the risks and effects of AI systems if left unchecked. In late June, Jeffrey Hinton, described as the godfather of artificial intelligence, urged governments to step in to ensure machines don’t take over society.

Hinton made headlines in May when he announced he was stepping down from Google after a decade of membership to speak more freely about the dangers of AI shortly after launching ChatGBT that captured the world’s imagination.

The artificial intelligence scientist who teaches at the University of Toronto added: “Before artificial intelligence becomes smarter than us, I believe that the people who develop it should be encouraged to put a lot of effort into understanding how it can try to take us out of control,” adding, “There are now 99 people enjoying A very smart person trying to improve AI, a very smart person trying to figure out how to stop it from taking over, and maybe you should be a little more balanced.”


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from Technology - AsumeTech https://asumetech.com/the-impact-of-artificial-intelligence-on-the-american-workforce-how-ai-is-revolutionizing-job-roles/

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