Will AI take your job? | Start Here

Summary

This video explores the impact of AI on jobs, highlighting how technological revolutions like AI are reshaping the workforce. AI is automating tasks that were once thought to be exclusive to humans, from graphic design to legal work. While some jobs are at risk, AI also creates new opportunities and enhances productivity. The video emphasizes that AI's role will not be about humans vs. robots, but how people choose to utilize AI. It acknowledges AI's limitations and stresses the need for humans to adapt, focusing on areas where they can still add value.

Takeaways

• 🤖 AI and technological revolutions have historically transformed societies, often displacing workers while creating new opportunities.
• 📚 The printing press, robots, and online banking all replaced human jobs, similar to what AI is doing today in various sectors.
• ⚡ The pace and scale of AI advancements, especially in generative AI, are both exciting and scary, creating uncertainty about job security.
• 🎨 AI has the potential to replace jobs traditionally seen as requiring human creativity, such as graphic design, legal work, and journalism.
• 💻 Generative AI, like ChatGPT and Adobe's AI in Photoshop, can now generate text, code, images, and videos, tasks that were once human-exclusive.
• 🏢 AI is already being used to automate cognitive tasks in industries, with companies like IBM replacing thousands of jobs, particularly in areas like HR.
• 🧑‍💻 High-skill, white-collar jobs once thought safe from automation, such as writing, coding, and design, are now being impacted by AI.
• 🔄 While AI is changing jobs, it's not yet completely replacing them. Instead, AI is transforming workflows and the skills required to perform certain tasks.
• 👩‍⚕️ AI can fill labor gaps, such as in healthcare, where it helps radiologists by handling some of their workload.
• 🤝 AI might lead to human-AI collaboration rather than job displacement, allowing workers to focus on tasks requiring critical thinking, judgment, and creativity.

Q & A

What historical examples are mentioned regarding technology replacing jobs?

The transcript mentions the printing press replacing scribes, robots replacing factory workers, and online banking cutting out bank tellers as examples of how technology has replaced jobs in the past.

How is AI different from previous technological revolutions?

AI is developing at a much faster pace and scale, with the potential to automate cognitive tasks, which were previously thought to require human creativity and high-level skills.

What is the main concern regarding AI's impact on jobs?

The main concern is that AI could replace many jobs, even those requiring creativity and high skill levels, such as graphic design, law, and journalism, as AI can now perform tasks like generating images, drafting contracts, and summarizing news.

What is generative AI, and how is it used?

Generative AI refers to algorithms that analyze large amounts of data to learn patterns and generate new content, such as text, images, videos, or audio. Examples include AI models like ChatGPT and Adobe's AI-enhanced Photoshop.

What are some examples of AI applications in industries?

AI is used in recommendation algorithms by streaming platforms, fraud detection systems in banks, and medical applications like reading breast cancer scans to assist radiologists in areas with a shortage of specialists.

How has IBM responded to AI advancements in terms of employment?

IBM has announced that it is replacing 8,000 jobs with AI, particularly in back-office operations such as HR, which are seen as the first areas to be affected by AI automation.

What is the overall picture of AI's impact on jobs according to the OECD?

According to the OECD, while AI has the potential to eliminate jobs, its impact on job levels has been limited so far. Rather than replacing jobs, AI is changing the skills required for them, and new jobs are being created in the growing AI industry.

How could AI improve existing jobs rather than replace them?

AI can improve jobs by automating repetitive and mundane tasks, allowing workers to focus on higher-level critical thinking, judgment, and interpersonal skills. For example, AI tools can assist with research, brainstorming, and coding.

What are the limitations of AI models like ChatGPT?

AI models are only as good as the data they are trained on, which may be biased, unrepresentative, or outdated. They can also make errors and are not always reliable in prioritizing truth or accuracy. Over-reliance on AI without human oversight can lead to real-world consequences.

What is the key takeaway about AI's future role in the workforce?

AI is here to stay, and its impact will depend on how humans choose to use it. Rather than humans versus robots, it will be humans versus other humans, with some empowered by AI and others potentially disempowered.

Outlines

00:00

🤖 Is AI Going to Take Your Job?

This paragraph introduces the topic of AI and its potential impact on jobs. It draws historical parallels, such as the printing press replacing scribes and robots taking over factory jobs, to explain that technology often disrupts employment. AI is accelerating this trend, raising questions about the future of various professions like graphic design, law, and journalism. The author asks readers to consider where humans will still be necessary as AI becomes more capable.

05:02

🚀 AI's Rapid Growth and ChatGPT's Role

This paragraph discusses the recent growth of AI and its integration into various industries, particularly with the launch of ChatGPT, a significant milestone. The release of GPT-3.5, followed by the even more advanced GPT-4, marked a major step forward in AI's problem-solving and content generation capabilities. The paragraph emphasizes how generative AI tools, like ChatGPT, learn from large datasets to produce new content, from text to images, and their rapid adoption worldwide.

🛠 Generative AI and Workplace Automation

Here, the discussion shifts to how generative AI is already transforming the workplace. Companies like IBM are replacing thousands of jobs with AI, focusing on back-office functions like HR. Jobs once considered safe from automation—those requiring creativity, coding, or high skill—are now being performed by AI with remarkable accuracy. While AI poses a threat to certain jobs, the paragraph also highlights that its full impact is still developing, and for now, AI is often reshaping rather than fully eliminating jobs.

📊 AI's Impact: A Mixed Outlook on Jobs

This paragraph delves into the nuanced effects of AI on employment. While AI is eliminating some jobs, it’s also creating new opportunities, especially in industries facing skill shortages, like healthcare. The example of AI assisting radiologists in reading breast cancer scans illustrates how AI can fill critical gaps. Moreover, AI has the potential to enhance existing roles by taking over mundane tasks, allowing humans to focus on higher-level, creative, and interpersonal work.

💡 Humans and AI: A Collaborative Future

The focus here is on how AI can complement, rather than replace, human workers. The author shares personal experience with ChatGPT as a research assistant, helping streamline tasks like brainstorming and summarizing research. Rather than fully automating jobs, AI can lead to better efficiency and innovation by allowing humans to focus on complex, creative, and interpersonal aspects of their roles. The paragraph also underscores the importance of understanding AI’s limitations, such as biased or outdated data.

🤔 AI Limitations and Human Judgment

This paragraph emphasizes that while AI is powerful, it is not infallible. Generative AI models, like ChatGPT, rely on vast amounts of pre-existing human-created content, making them prone to errors, bias, or outdated information. The paragraph warns against over-reliance on AI, urging users to remain aware of its limitations. Ultimately, AI’s impact on jobs and society depends on how humans choose to use it, with some benefiting from AI tools and others potentially disempowered.

🔮 AI and the Future: Winners and Losers

The closing paragraph acknowledges that AI is here to stay and will affect everyone differently. Like previous technological advancements, AI will create winners and losers, but the outcome will largely depend on human decisions, not the technology itself. The author encourages continued conversation on AI's impact, inviting readers to share their experiences, fears, and hopes for the future in the comments.

Keywords

💡Artificial Intelligence (AI)

AI refers to machines or systems that mimic human intelligence to perform tasks such as learning, reasoning, and problem-solving. In the video, AI is portrayed as a transformative technology that has the potential to automate many jobs, from creative fields to administrative roles. The video discusses how AI is already being integrated into industries like banking and healthcare, and how it could impact future job markets.

💡Generative AI

Generative AI refers to algorithms that can create new content, such as text, images, video, or audio, based on patterns in existing data. The video highlights ChatGPT as an example of generative AI, capable of producing human-like text. It explores how tools like these are reshaping industries that rely on creativity and content generation, such as graphic design and journalism.

💡Automation

Automation is the use of technology to perform tasks with minimal human intervention. The video emphasizes how AI-driven automation is rapidly advancing beyond traditional manufacturing jobs and is now impacting white-collar professions like HR, legal work, and coding. It also discusses how this trend could eliminate certain jobs but also enhance efficiency in others.

💡Job Displacement

Job displacement refers to workers losing their jobs due to technological advancements. The video explains that AI, particularly generative AI, has the potential to replace roles in industries previously thought safe, such as writing, design, and coding. It uses IBM's decision to replace 8,000 jobs with AI in back-office operations as an example of how this technology can reshape the workforce.

💡Creativity

Creativity is often considered a uniquely human skill involving imagination and innovation. The video challenges this idea by showing how generative AI is capable of performing creative tasks like graphic design and writing. This raises questions about the future role of human creativity in industries where AI can generate content rapidly and efficiently.

💡Collaboration with AI

Collaboration with AI refers to humans working alongside AI systems to enhance productivity and innovation. The video suggests that instead of fully replacing jobs, AI will increasingly assist workers, allowing them to focus on more critical tasks such as problem-solving and decision-making. It mentions that journalists, for instance, might use AI as a research assistant to brainstorm ideas or summarize literature.

💡Cognitive Tasks

Cognitive tasks involve mental processes like thinking, problem-solving, and decision-making. The video discusses how AI is now capable of handling many of these tasks, such as drafting legal documents or coding, which were previously thought to require human intelligence. This is a key aspect of AI's transformative effect on knowledge-based professions.

💡Bias in AI

Bias in AI occurs when the algorithms reflect the prejudices present in the data they are trained on. The video points out that AI models are only as good as the data they are trained on, which can be biased or outdated. It warns about the dangers of over-relying on AI systems, as they can produce flawed or incorrect outcomes due to these biases.

💡Limitations of AI

Limitations of AI refer to the boundaries of what AI technology can achieve. The video highlights that AI, despite its advancements, has significant flaws, such as relying on imperfect data, generating incorrect outputs, and lacking the ability to prioritize truth or authenticity. These limitations mean that while AI can perform many tasks, human oversight is still critical.

💡Human Value in the Age of AI

Human value in the age of AI refers to the unique roles and skills that humans bring to the workforce that AI cannot replicate. The video suggests that as AI takes over routine or repetitive tasks, humans will need to focus on areas where they can still add value, such as critical thinking, interpersonal relationships, and judgment. This will be crucial in determining how AI is used and how people adapt to its increasing presence.

Highlights

Technology revolutions throughout history have transformed societies, often improving them, but also leading to job displacement.

Artificial Intelligence (AI) represents the latest tech revolution, with a pace and scale that are both exciting and frightening.

Generative AI, like ChatGPT, can perform tasks previously thought to be exclusive to humans, such as drafting contracts or generating images.

ChatGPT gained 100 million users in just one month after its release, showcasing the massive public interest in AI.

Generative AI works by analyzing patterns in huge datasets to generate new content, such as text, images, and audio.

Adobe's Photoshop now integrates AI, allowing users to modify images with simple text prompts.

IBM has announced plans to replace 8,000 jobs with AI, starting with back-office operations like human resources.

Contrary to earlier assumptions, creative and high-skill jobs like design, writing, and coding are also vulnerable to AI-driven automation.

AI's impact on jobs is mixed: it has the potential to replace jobs but is also creating new roles and transforming how existing tasks are performed.

In areas like healthcare, AI can alleviate workload pressures. For example, AI-assisted breast cancer scans can almost halve radiologists' workload.

AI has the potential to enhance existing jobs by automating repetitive tasks, allowing workers to focus on higher-level critical thinking and interpersonal work.

Many workers are already collaborating with AI tools to increase productivity or enhance creativity.

AI models, like ChatGPT, rely on pre-existing human-created content and are only as good as the data they're trained on, meaning they can produce errors.

AI models often lack truth or authenticity prioritization, leading to potential real-world consequences from relying too much on their outputs.

The future of AI will be determined by how humans choose to use it, creating winners and losers depending on its application in the workplace.

Transcripts

let's talk about Ai and whether it's

going to take your job

throughout history Tech revolutions have

transformed societies often for the

better but they've also put people out

of work the printing press replaced

scribes robots replaced Factory workers

and online backing has cut out back

tellers

with artificial intelligence we're

seeing another tech Revolution but at a

pace and scale that's both incredibly

exciting and also pretty scary the level

of AI

could expect

actionable

will we still hire graphic designers

when AI can generate images in seconds

while we still need as many lawyers AI

can draft basic contracts and where do

journalists like me fit in if AI can sum

up a news story and even present it it's

your job under threat from artificial

intelligence will increasingly have to

ask yourself the question where are

humans actually still needed so how is

AI already affecting the world of work

and where is this all heading

foreign

has been around for decades but in the

last few years it really started going

mainstream more and more companies have

been embedding different kinds of AI

models in their workflow and their

products and services so things like

recommendation algorithms used by

streaming platforms or AI systems that

help Banks detect fraud

but last year a new tool came along chat

gbt chats GPT

version 3.5 was a big deal

yeah version 4 took the tech to a whole

new level

gpt4 is a breakthrough in

problem-solving capabilities it's

basically a powerful chat bot that can

generate an answer to any question it's

asked it can summarize text write

computer code and even write a poem it's

taken the World by storm literally 100

million users within like the first

month after the release charge apt does

an extraordinarily good job of seeming

human-like and it does that through you

know very very clever training huge

amounts of data huge amounts of

computing power but underneath the hood

it is designed to do one thing which is

just to predict what the next word in a

sentence is going to be Chad gbt is the

best known example of a type of AI

called generative AI these are

algorithms that look for patterns and

huge amounts of data and learn from

those patterns to come up with new

content like text images video or audio

Adobe for example has added AI to its

Photoshop software that allows you to

add extend or remove content from images

using a simple text prompt the

technology is getting better and better

all the time and all sorts of companies

are finding ways to apply it there are

some big big changes happening and most

importantly I think huge amounts of

money behind this push to automating a

lot of cognitive tasks generative AI has

the capacity City to actually create the

kind of stuff and do the kinds of tasks

that until recently we thought only

humans could do so there is no doubt the

advances in generative AI as well as

other types of AI will have huge

implications in the workplace and we're

already seeing it the tech company IBM

says is replacing 8 000 jobs with AI it

says back office operations like HR will

be among the first to go we used to

expect that the jobs requiring High

skill white-collar jobs or creativity

would be safe from AI automation

seeing with generative AI is that

writing design coding

uh jobs involving creativity are able to

be done often in the indistinguishable

manner

um from humans by generative AI so it's

clear AI has the potential to eliminate

a whole range of jobs and several

Studies have shown that high skill jobs

are the most exposed advances in AI look

at this chart from the oecd which

recently did a big study on AI in the

labor market but these are still early

days and the oecd also found that

actually the impact of AI on job levels

has been limited so far and that for the

time being more than replacing jobs AI

is changing them and the skills that are

required to carry them out so the bigger

picture around how AI will affect jobs

is actually quite mixed it's a growing

industry which means new jobs are being

created and in places where there are

shortages of certain skills AI could

step in a medical study found that using

AI to read breast cancer scans is safe

and effective and can almost how the

workload of Radiologists in countries

where there aren't enough Radiologists

that's good news

AI can also improve existing jobs by

cutting out the more boring tasks and

helping with the creative process I'm

starting to frequently interact with

jgbt in my day-to-day work I basically

have an almost free research assistant

to help me like brainstorm ideas find

and summarize literature and help me

code first thing instead of having like

jobs completely displaced what we will

see is

workers basically working in cooperation

with collaboration with those models and

either being able to reduce their work

hours or getting more output or more

Innovation we can expect that

that humans can spend more of their time

on critical thinking and judgment and

interpersonal relationship

and let the AI technology do the kind of

work that it's more effective at maybe

the takeaway is this AI can increasingly

help or even beat us at certain tasks so

it's going to become more and more about

identifying the areas where humans can

add value especially when we keep in

mind the limitations of the technology

AI models rely on content that humans

have already created and they're only as

good as the data sets they're trained on

that data could be biased

unrepresentative or out of date just

check out the disclaimer on the chat GPT

website in other words it gets stuff

wrong they haven't been programmed to

prioritize truth or authenticity in most

cases the technology isn't nearly as

good as a lot of the hype says it is a a

lot of people still fail to understand

the limitations of those systems and are

becoming over reliant on them and I can

have real world consequences eventually

if you just like like finally basically

trust the systems now especially given

that there's so much error in the output

whatever you think about it AI is here

to stay and it's going to be an

adjustment for everyone as with any new

technology there will be winners and

losers but that's not so much about AI

itself it's about how humans decide to

use it some humans will be empowered

using these Technologies and some humans

will be disempowered so it's not humans

versus robots it's humans versus humans

there's obviously so much more we can

talk about so let's carry on this

conversation in the comments are you

already using AI at work are you scared

or excited about what it could mean for

your job or career let us know

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