Artificial intelligence could put 300 million people out of work in developed countries.
Artificial intelligence has the ability to take over the work of 300 million people in developed countries. This conclusion was made by experts of the investment bank Goldman Sachs, writes the Financial Times.
Massive adoption of systems like ChatGPT could lead to productivity gains that would boost annual GDP by 7% over 10 years.
At the same time, technology will bring major disruption to the labor market, automating the equivalent of 300 million full-time workers in major economies. The first threatened layoffs were lawyers and administrative staff.
According to researchers, today nearly two-thirds of jobs in the US and Europe are undergoing some degree of automation with the help of artificial intelligence.
According to experts, artificial intelligence can take half of their work from 7% of American workers, artificial intelligence can take less than half of their work from 63% of those working in the economy of US, and 30% of ChatGPT are not at risk. The latter is mainly engaged in physical labor. However, their work may undergo another type of automation. A similar effect is expected in the euro area.
The study suggests that AI is capable of performing tasks such as filing tax returns for small businesses, analyzing complex insurance claims, or documenting the results of crime scene investigations.
Recall that in February, a chat bot with artificial intelligence ChatGPT became available in Ukraine.
It was previously reported that the technology underlying the ChatGPT artificial intelligence system has been added to Microsoft 365 software.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.