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Matthew Kuzmin

Mar 06, 2023

Are people going to lose their jobs to AI?

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You probably scrolled through your newsletter and saw hundreds of posts describing ChatGPT and explaining how to use it. The invasion of these new tools has led to many people boasting about how they could lose their jobs.

You probably scrolled through your newsletter and saw hundreds of posts describing ChatGPT and explaining how to use it. The invasion of these new tools has led to many people boasting about how they could lose their jobs. It gets even worse when people remember that the full version of GPT 4 will be released in the next couple of months, and it will be a lot better than anything we have seen so far. In general, reasons to start being afraid for your job may be serious indeed:

  • Data Entry and Processing: AI can automate tasks such as data entry, data processing, and data analysis, reducing the need for human intervention. At the same time AI is still not enough to catch all the errors and give you detailed full reports on any real important information.

  • Customer Service: Chatbots and virtual assistants can handle customer inquiries and support, reducing the need for human customer service representatives. People prefer to communicate with people, and that will never change, so these tools may only help you to do your job better

  • Manufacturing: AI can be used to automate many tasks in the manufacturing process, including assembly line work, quality control, and logistics. The working process may be indeed automated but it still require high-cost equipment and using human resources will be much cheaper, so no need to worry here as well

  • Transport: Self-driving cars and trucks are already being developed and tested, which could eventually replace human drivers. In fact, it's already working, but it'll need a proper test and every car around you to go automatic. I don't think it can be done in 20 years.

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  • In finance and accounting, AI can automate tasks such as bookkeeping, tax preparation, and fraud detection. However, it won't contain all the information you need. As a result, most processing jobs will likely be replaced pretty quickly. 

  • Healthcare: AI can be used for medical image analysis, patient monitoring, and drug discovery. Certainly, healthcare cannot replace doctors, but it can help us better understand what's going on with the human body.

  • Journalism: AI can be used to generate news stories, sports reports, and weather updates. It’s true but the quality of this content is not gonna be shocking. AI can only predict the most probable next word depending on the topic and that’s pretty much. The literature value of that content is close to 0.

  • Legal: AI can be used for legal research, document analysis, and contract review. As the financial department it can be automated pretty quick, but no one will allow machines to ever judge humans.

These technologies may seem really powerful, in reality no rational human being will use it beyond tools only. The tools they meant to be and will keep this way helping professionals to perform their tasks on the new level. These experts will be able to focus on really important tasks and creativity, using their powers on really interesting tasks and not bothering with routine stuff over and over again. I believe that people pay in the future only for true creativity and nothing else.

At the end of the day only one thing will change - the overall quality of content will rise and developers will spend less time on tasks they don’t really like. Feels like a “win-win” situation.

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