How will Artificial Intelligence effect the workforce in the future?

 How will Artificial Intelligence effect the workforce in the future? Find the detailed answer here with us with an international perspective. AI was anticipated to automate mundane activities initially. Delivery, driving, etc. Musk has promised self-driving Teslas for eight years. Progress has been made, but not by Tesla. Sipping tea as an autopilot takes us from Marina Beach to Mylapore is a distant future. On another front, we may have achieved great or scary progress. AI writes code, creates protein structures and product strategies, writes scripts, reimagines human bodies as heroic avatars, generates movies, and performs music. All this in a fraction of the time a semi-competent expert would need. News reports may make you believe your plumber Perumal's employment prospects are better than your daughter Paromita's. Will AI replace your job?

Understanding AI

Knowing what AI is helpful. They map inputs to outputs. Gmail's spam detection uses AI to map email content to'spam' or 'ham' Dall-E maps English text to visual representations all are a great example of how AI is revolutionizing the world and technology especially.

AI technologies in Waymo automobiles (previously Google self-driving cars) map current location, speed, surrounding vehicle position, intended destination, and cues to the next driving action. Their driverless taxis debuted in the U.S.This decade will be known for generative AI. This concept distinguishes AI models that produce visuals, music, and text from those that make judgements or predict. This year's text and picture generative AI models are good. This week's Gofundme initiative to safeguard artists from AI garnered $150,000. Or the World Economic Forum forecast that robots would replace 85 million jobs by 2025 while creating 97 million new ones. 

History teaches us to be sceptical of such claims. Davos should change its top 20 occupations amid diminishing demand in light of AI developments. Top positions are accountants, payroll maintainers, and accounting clerks. Those who created the Future of Work 2020 report will lose their jobs; accountants will be OK (they survived Excel).

Technology seldom eliminates employment. Technologies automate tasks and minimise labour. A farmer and his oxen ploughed one acre every day. The same farmer can plough 15 acres with a tractor. Generative AI will boost knowledge work productivity. Some tools and talents will become outdated. Productivity gains and accompanying profits boost employment. In America, this was true. Between 2008 and 2018, employment rates rose 13% across 11 AI-threatened occupations.

New technologies produce new jobs. Pre-airplane, there were no pilots. It's unclear what additional jobs generative AI will create. Prompt engineering - finding out how to interface with AI — is often suggested. Nope. First, AI researcher Andrej Karpathy compared this function to a psychotherapist. Second, we need an AI that translates ordinary English into the detailed prompt inquiries generative AI models like. Don't train for a nonexistent job. How much does training GPT-3 cost? Approximately $4.5 million. OpenAI is hidden about such information despite its name. Tom Goldstein, a computer science professor at the University of Maryland, estimated that ChatGPT costs the corporation $100,000 per day, or $3 million per month. The language model costs $0.0003 each word. ChatGPT's 12,000-word MBA dissertation costs less than $4 in computing expenditures. Stable Diffusion 1, an open-source text-to-image model, cost $600,000. Stable Diffusion costs $1 to make 500 photos at 512 × 512 resolution. Interns no longer draught. Some have suggested a three-step method to comprehend future human-AI cognitive collaboration. Humans make a request, consult an AI system for possibilities, and then choose the best one. This is useful. AI isn't changing how organisations provide cognitive value.

Future hiring and mentoring of junior workers may be less appealing. The kids should be OK. The present paradigm for acquiring expertise will be destroyed. Urgently revamp our education and career structures. ChatGPT writes B+ MBA essays on themes like relational contracts. Teachers and academics will be shocked.

How can humans survive in AI's world?

Humanize yourself. Workplaces will value agency, dedication, empathy, and persistence. Our initial employment frequently shape these features. I don't know where we could get them, as beginning as junior staff is practically difficult. Caring more about your customers and coworkers, thinking critically about your profession and its role in the world, and understanding its knowledge base should serve anybody well. As a software developer, write original code. Learn latency, algorithmic complexity, and elegant abstractions. Smart but volatile employees will be less tolerated in the workplace. White-collar workers should practise humility and togetherness.

Text generation crazier the tale. In June, a Google engineer who spoke too much with LaMDA claimed the chatbot was sentient. Poor guy was fired. Michelle Huang, a New Yorker working at the interface of art and computing, updated GPT-3 with her childhood diary entries. She claims to have 'healed' after hearing her inner child remark "I'm proud of you" through the chatbox. I asked ChatGPT, a human-friendly GPT-3, how AI would change work. Here's the answer, altered for brevity: “One possible application is to help with repetitive or time-consuming activities, letting people to concentrate on creative and strategic work... language models like me and ChatGPT have the potential to increase efficiency and productivity [but] should not replace human labour. Using these technologies should be ethical and respect workers' rights and demands.

The response was sensible, the kind you'd expect from a first-year computer science student. ChatGPT has other flaws, too. ChatGPT is strong in language, weak at logic, arithmetic, and lying. The perfect mix for business consultancy.

How will Artificial Intelligence effect the workforce in the future? This question is still under process as the answer lies in the future of AI and the impact is getting bigger and better. Technology is man made and we always have the power to create better and secure world for the future generation. Do like, share and comment if you like this piece of information and tell us how AI helped you in your life or what you feel about the future of AI.