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Goldman Sachs economists predict that 300 million jobs globally could be eliminated through the use of ChatGPT and similar forms of generative artificial intelligence.
However, the researchers noted in their report that jobs lost through automation historically have been offset by the creation of new jobs and the wave of emerging occupations "accounts for the vast majority of long-run employment growth."
"[I]f AI delivers on its promised capabilities, it has the potential to significantly disrupt labor markets and spur global productivity growth over the coming decades," through a combination of significant labor-cost savings, new jobs and higher productivity for workers whose jobs have not been displaced, the researchers noted.
However, some of the tech industry's biggest names are calling on developers of generative AI to slow down before they lose control of their creation.
SHRM Online collected the following articles on the issues surrounding this new and evolving AI resource.
300 Million Jobs Could Be Affected by Latest Wave of AI, Says Goldman Sachs
As many as 300 million full-time jobs around the world could be automated in some way...