Future-oriented: Another study has been conducted on the impact of generative AI on jobs, and it’s a familiar story for employees: The technology will replace 2.4 million U.S. jobs by 2030 and impact 11 million more. The (somewhat) good news is that these job losses are smaller than many others predicted.
Impact of generative AI on jobs in 2023 from analyst firm Forrester forecast comes to a similar conclusion to IBM’s recent study: that while generative AI will cost many people their jobs, it will expand more roles than replace them. Forrester finds that 4.5 times more jobs will be “impacted” by technology, which it defines as transforming, retraining and upskilling existing workers to integrate generative AI tools into daily workflows.
The portion of the report titled “Let’s be clear: Generative AI is coming after office jobs” states that automation and AI will replace a total of 4.9% of U.S. jobs by 2030, with generative AI accounting for 30% (2, 4 million). of these lost jobs. It is estimated that companies like ChatGPT will replace 90,000 jobs in 2023, representing 9.3% of all jobs lost to automation and AI this year.
As we’ve heard, technical writers, social science researchers, research assistants, proofreaders, and copywriters will be most impacted by generative AI. Harder-to-automate jobs with high generative AI influence, such as editors, writers, authors and poets, copywriters and creative writers, are more likely to influence the way jobs are performed (through augmentation) rather than replacing them.
Another finding is that the more educated an employee is, the greater the influence of generative AI on their work. Occupations with lower educational requirements, such as transportation and warehousing, construction, agriculture, and manufacturing, will have less of an impact on employment, while occupations requiring a bachelor’s degree or higher will see the biggest changes.
When it comes to wages, the trend is similar: workers making less than $60,000 will be less affected than those making $90,000 or more.
Job losses from generative AI are expected to be moderate over the next few years as issues related to the tools are addressed, such as: B. intellectual property rights, copyright claims and plagiarism.
Forrester warns of potential AI hurdles such as the prospect of generative AI producing “coherent nonsense” and the massive public backlash against these systems, as seen in the opening credits of the TV show “Secret Invasion” and the illustrations of the D&D book could see.
One of the earliest studies claimed that generative AI could impact 300 million jobs worldwide. Forrester’s conclusion is more optimistic, but warns that some workers will lose the jobs they need, leading to profound social challenges like those seen in the post-industrial Rust Belt. It’s no wonder many tech managers turn to alcohol and drugs to cope with stress.