Thoughts on AI and the future of the job market?

AI research and development spending is projected to reach hundreds of billions per year over the next few years, as major tech players strive to outperform one another in developing the most advanced AI applications and models on the market.

Initially, ChatGPT was seen as an innovation that could enhance worker productivity without necessarily replacing them outright. However, AI innovation is progressing at an exponential pace, with each week bringing new exciting developments or plug-ins that significantly boost AI capabilities.

For instance, developers are now introducing applications like AutoGPT, an AI agent capable of achieving objectives given in natural language. It can perform web-based actions independently, assign subtasks to itself, refine its own code, store information for long-term thinking and planning, and access apps through APIs, among other capabilities. Essentially, it can complete complex tasks without human intervention, such as planning and booking an entire top-tier wedding or event.

While this is thrilling for some, it might be alarming for others. Indeed, you can plan your wedding without spending money on a wedding planner, but that individual's job and livelihood are potentially threatened by AI-powered language models.

What else could this app potentially accomplish? Could it create a personalized workout routine and diet plan, thereby displacing dietitians? Could it determine the most effective way to market a product, reducing the need for marketing teams? Or optimize data allocation to different cloud enterprise applications based on cost, eliminating cloud sales teams?

It's true that numerous innovations in the past have replaced the need for human labor. However, we might be dealing with an entirely different beast here, as it seems the very act of thinking could soon be entirely outsourced to AI. White collar jobs as a whole might be under threat. While the technology isn't quite there yet, the tech world has made AI its new darling, and with significant investments and manpower directed toward it, we might see remarkable advancements in the next five years.

The potential consequences on the job market, economy, and society as a whole are immense and, at this point, difficult to measure. What are your thoughts on this matter?


This post was edited by ChatGPT-4

 
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We need to do career switch.  All white collar and office jobs are at danger. Even the engineers who created the GPT said that their own jobs are not safe from it. We need to get our ass out of office jobs. Blue collar jobs that require physical labor will be the new hot thing ( plumber, janitor, electrician, etc ).  The only safe office jobs are probably those relationship-building jobs, like ibanking MDs, and high-end sales people. Bankers need to climb to MD before GPT technology matures, otherwise it’s career doom doom. People keep saying that GPT will assist us but not replace us, I say it is pure copium. One of the technologies behind GPT is reinforcement learning, which allows it to continuously learn from MD’s feedback like a human does, and as years go by, AI will eventually reach a point where it’s as good as all the VPs, and MDs will be prompting it. AI replacement will happen for all industries and every professions, including the engineers who created those GPTs. We need to act fast before GPT eats us all.

 

Ironically, human still haven't invented robots that can do janitors, cooks, and construction workers' jobs. It turns out muscle movement is way more complex than office work lol. In the future, janitors will be considered more prestigious than investment banker and lawyer and PM and whatever that is considered top jobs today. 

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