Nearly 4,000 jobs lost in May due to AI, report says

AI News


For those who are wondering when AI will start replacing human jobsthe answer is already there.

Artificial intelligence lost nearly 4,000 jobs last month as interest in the rapidly evolving technology’s ability to perform sophisticated organizational tasks and reduce workloads grows, according to data from Challenger Gray and Christmas. said to have contributed to

Firing announcements from U.S.-based employers hit more than 80,000 in May, up 20% from the previous month and almost 4% below the level of the same month last year, according to a report released Thursday by an outplacement agency. doubled. Of those job cuts, AI accounted for 3,900 of his jobs, about 5% of all jobs lost, and employers cited AI as the cause of his job loss in May. It is the second highest.

The job cuts come as companies waste no time in deploying advanced AI technology to automate a variety of tasks, such as creative tasks such as writing and office work. The AI ​​industry is expected to grow to over $1 trillion due to major technological advances that were unveiled at the service launch last fall. OpenAI’s ChatGPT botsaid a report by Bloomberg Intelligence analysts.

While this is the first time AI has been included in the Challenger Report, it is not the first time it has made headlines as rapidly advancing technology will replace humans.

ChatGPT enters the newsroom

The Washington Post reported this week about two copywriters who lost their livelihoods because their employers (or clients) decided they could get their jobs cheaper on ChatGPT. Media companies such as CNET had already fired reporters who used AI to write stories that later had to be fixed for plagiarism. Earlier this year, an eating disorder helpline used chatbots to replace unionized human staff.recently had to unplug After bots gave people problematic diet advice,

In March, investment bank Goldman Sachs predicted in a report that AI could eventually be deployed. replace 300 million full-time jobs This is happening all over the world, affecting nearly one-fifth of jobs, with white-collar jobs considered unautomable, such as managers and legal professionals, particularly hard hit. I’m here.

AI is also a concern in television. entertainment writers strike This began in May, when the writers demanded almost full wages, plus better wages and job security. No use of AI To produce written entertainment content.

But analysts say that, like previous technologies that have replaced human workers, generative AI is already create new jobsa burgeoning industry is just getting started.

“Generative AI is huge,” said Ben Emmons, principal at New Edge Wealth, in a note on Friday. It is expected to be a great source of employment,” he said.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *