Unleashing the Potential of AI: How it Will Generate 500 Million New Jobs

Unleashing the Potential of AI: How it Will Generate 500 Million New Jobs

Generative ⁣artificial intelligence (genAI) technology is viewed by many as⁣ a tool for automation that will revolutionize the​ job ⁢market. However, the IT industry sees it as a creator‌ of knowledge jobs. Tools like ChatGPT ⁢and Midjourney‍ can eliminate mundane tasks, allowing ​workers to take‍ on more creative ⁣roles and be more productive. GenAI is also⁢ expected to democratize jobs, enabling employees without computer science degrees to create applications using⁤ AI-augmented⁣ coding. A new Gartner report predicts​ that AI will create over half a billion net-new jobs by 2033. AI ‌consultant Mark Kashef believes that genAI will create jobs that are currently unimaginable, particularly in AI development, data ​analysis, and AI ethics. The democratization of jobs will make these roles accessible to non-specialists, reducing costs and improving the availability⁣ of AI-powered products and services. Economic growth spurred by genAI adoption is expected to occur⁢ in all industries worldwide. A survey commissioned by Upwork found that companies will hire more full-time employees and freelancers due to ⁢generative AI. Despite⁣ its potential, only 15% of organizations ⁢have effectively adopted genAI, indicating that its impact ⁤on jobs is not yet significant.

2024-03-19 ​07:00:03
Link from ‌ www.computerworld.com

Exit mobile version