A recent analysis by OpenAI and the University of Pennsylvania estimates that large language models like GPT-4 could heavily affect 19% of jobs, which are mainly higher-income jobs such as writers, web and digital designers, financial quantitative analysts, and blockchain engineers. Unlike earlier waves of automation, generative AI such as GPT-4 can perform tasks that were typically viewed as creative, such as writing and producing graphics. The worry is not large-scale unemployment but rather that relatively well-paying white-collar jobs will be replaced with this new form of automation. … read more >
“While each organization is unique, common patterns of mindsets and processes appear over time, often associated with different technologies, in different contexts and eras. While the patterns of management vary widely, the concept of management is timeless.”
“While each organization is unique, common patterns of mindsets and processes appear over time, often associated with different technologies, in different contexts and eras. While the patterns of management vary widely, the concept of management is timeless.”
The article discusses the increasing use of AI tools such as ChatGPT, DALL-E 2, and Midjourney by employees in their work. The author suggests that CEOs need to create and communicate an AI use policy to employees, assess every role in the company to identify tasks that can be automated using AI, and consider ethical considerations such as fairness, privacy, and transparency. The article also provides best practices for using AI in the workplace and suggests that highly educated and skilled workers will lean towards being “AI Guides” and conducting “AI Validation.” read more >
“Now you could see the same effect on lots of white-collar work. Think translators, web designers, lawyers, coders, accountants, copywriters, or HR professionals. The skills developed through advanced degrees or years of experience in a specific role or company might soon be embedded into a generative AI tool, lowering the bar to entry. “—It’s becoming clear that AI is going to whack the mediocre middle of office workers
“the AI tool based its suggestions on the work style and outputs of the company’s most productive agents, and therefore spread their pattern of behavior to newer and less skilled workers” (Measuring the productivity impact of generative AI) read more >