While the products’ creative outputs have been lauded, they’ve also brought worry that rote administrative jobs will be replaced. Goldman Sach’s March report predicted 18 percent of work worldwide could be computerized, with white-collar workers more at risk than manual laborers.
Using jobs data in both the United States and Europe, report writers found that roughly two-thirds of current jobs are exposed to some degree of AI automation, and that generative AI could substitute for up to one-fourth of current work done by humans.
Davenport, of Babson College, said AI will likely affect how people do their jobs, but predictions saying it will put thousands of people out of work seem exaggerated. “We just have a poor record of predicting what jobs will go away,” he said.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
7,800 jobs at IBM could be replaced by AI within years, CEO suggestsApproximately 7,800 jobs at IBM may be completely automated by AI in a few years, according to the firm’s chief executive, who expects human resources and accounting to get the axe first. IBM employs 282,000 employees globally, according to LinkedIn, and Bloomberg reports it has around 26,000 non-customer-facing staff — meaning around 7,800 jobs could be handed over to AI.
Source: Cointelegraph - 🏆 562. / 51 Read more »
1-800-Flowers partners with Tempur-pedic for epic Mother’s Day giftA brand-new Tempur-pedic mattress included with flower and food delivery? Yes, please.
Source: nypost - 🏆 91. / 67 Read more »
Zeekr Is The Latest Carmaker Using 'Gigapress' Die-Casting To Slash Costs | CarscoopsDie-casting has allowed Zeekr to cut 800 welding points from the 009 MPV car auto cars
Source: Carscoop - 🏆 306. / 63 Read more »
IBM expects to pause hiring for thousands of jobs that can be done by AI: reportThe CEO of International Business Machines Corp. expects to pause the hiring of thousands of people for positions that could be replaced by artificial...
Source: MarketWatch - 🏆 3. / 97 Read more »
IBM Will Stop Hiring Humans For Jobs AI Can Do, Report SaysSome 7,800 human jobs could be replaced in the coming years by AI programs, IBM CEO Arvind Krishna told Bloomberg.
Source: Forbes - 🏆 394. / 53 Read more »
IBM to pause hiring in plan to replace 7,800 jobs with AI - Bloomberg NewsInternational Business Machines Corp expects to pause hiring for roles as roughly 7,800 jobs could be replaced by Artificial Intelligence (AI) in the coming years, CEO Arvind Krishna told Bloomberg News on Monday.
Source: Reuters - 🏆 2. / 97 Read more »