With more use of ChatGPT and soon-to-be-launched Google equivalents, AI is inevitable in the workplace. A defensive approach to this new technology is bound to fail. Businesses will therefore need to adapt and find ways to use AI in a legal, responsible and ethical way within it. Law firms, for example, will surely see AI do most of their standard drafting, research, markup, and due diligence work within the next two to three years (or sooner). Think how quickly we all learned to use Teams, Zoom, and Google Meet.
The key question is whether AI will make existing jobs superfluous. My argument is that it doesn’t. The AI must be highly trained to (1) ask the right questions (and follow-up questions), (2) identify mistakes in the AI-generated answers, and (3) evaluate the resulting output. You will need a human being who has All of these are done from a legal final ethical point of view. (4) Think about what you can tell from all this information. Leading companies are already developing training capabilities and rethinking legal and ethical standards for the future use of AI.
With this in mind, of course, there are so many businesses that may or may not be replaced by AI. But the main driver of future transformation will not be AI (which may even pose more difficult questions than current research models can foresee), but rather its broad potential for use. Not only will AI be used far beyond the borders of wealthy European countries, but it will also offer unprecedented opportunities for people in Africa, Southeast Asia and Latin America. It used to be called the Second World and the Third World, but that’s what it’s called now. We aim to be the epicenter of business. AI drives democratization and thereby wealth in these countries. A major source of income will come from people using AI wisely.
That said, we may soon find out (with new Apple glasses due in the US in 2024) that the real driver of change could be the Metaverse. why? That’s because the workplace is completely independent of its physical location, and (presumably) of access to a higher standard of living and education. So it should come as no surprise that PE investors are already forcing target companies to move from high to “best” costs in nearly every conceivable part of their business. The average European-based company often has a high cost to “best” cost ratio of 80:20, but the target will soon be 65:35 or even lower. With baby boomers just starting to pursue their retirement dreams, jobs will not be displaced in expensive countries, and this represents a golden opportunity for near-costless restructuring. But this scenario poses real risks to the career prospects, (contributory) social protection and retirement income of younger generations if these issues do not receive the appropriate political attention. .
HR plays a key role in helping companies navigate this major transition, and HR lawyers provide guidance, legal standards, and recommendations for consensus-oriented consultative processes in a comprehensive, value-driven approach to transformation. matters, and ethical guidance.
*Kliemt.HR Attorney
