In a plot twist that would make any superhero jealous, Google's AI executive, Philip Moyer, has revealed that AI isn't here to steal jobs but to make them more enjoyable and efficient.
Moyer, in his quest for truth, uncovered that studies are showing that people using generative AI, like ChatGPT and Bard, are actually loving their jobs. Approximately 80-90% of them can't stop singing AI's praises. This isn't AI taking over; this is AI making work awesome!
Some doomsayers predicted that AI could vaporize up to 300 million jobs, but experts argue otherwise. Generative AI isn't stealing jobs; it's stealing the tedious parts. Oded Netzer, a business professor, describes it as "auto-complete on steroids," taking care of mind-numbing tasks like writing emails and filling spreadsheets. Low-retention job environments, beware!
While some roles may face an uncertain fate, Moyer believes AI's productivity boost will create more jobs than it takes. He asks, "When was the last time you saw a company say, 'We're doing so well, let's hire fewer people?'" AI is the new ATM of industries, creating new opportunities.
Moyer envisions a world where AI transforms industries that drown in administrative work, from finance to medicine. And companies are eagerly waiting for AI to come to the rescue. Who wouldn't be thrilled to have 20% of their work magically vanish?
Google is in a race against the likes of OpenAI and Microsoft in the AI arena. While there have been concerns about accuracy, Google is preparing to unveil Gemini, an AI model with advanced "multimodal" abilities.
In conclusion, AI isn't the villain stealing jobs; it's the superhero making work enjoyable and efficient. The workplace is in for an epic transformation!
Photo: DIW
Read next: AI Generated Content Shows Explosive Growth — AI Image, AI Video, and AI Written Search Terms Soar As Per Google Trends Data
Moyer, in his quest for truth, uncovered that studies are showing that people using generative AI, like ChatGPT and Bard, are actually loving their jobs. Approximately 80-90% of them can't stop singing AI's praises. This isn't AI taking over; this is AI making work awesome!
Some doomsayers predicted that AI could vaporize up to 300 million jobs, but experts argue otherwise. Generative AI isn't stealing jobs; it's stealing the tedious parts. Oded Netzer, a business professor, describes it as "auto-complete on steroids," taking care of mind-numbing tasks like writing emails and filling spreadsheets. Low-retention job environments, beware!
While some roles may face an uncertain fate, Moyer believes AI's productivity boost will create more jobs than it takes. He asks, "When was the last time you saw a company say, 'We're doing so well, let's hire fewer people?'" AI is the new ATM of industries, creating new opportunities.
Moyer envisions a world where AI transforms industries that drown in administrative work, from finance to medicine. And companies are eagerly waiting for AI to come to the rescue. Who wouldn't be thrilled to have 20% of their work magically vanish?
Google is in a race against the likes of OpenAI and Microsoft in the AI arena. While there have been concerns about accuracy, Google is preparing to unveil Gemini, an AI model with advanced "multimodal" abilities.
In conclusion, AI isn't the villain stealing jobs; it's the superhero making work enjoyable and efficient. The workplace is in for an epic transformation!
Photo: DIW
Read next: AI Generated Content Shows Explosive Growth — AI Image, AI Video, and AI Written Search Terms Soar As Per Google Trends Data