Showing posts with label CBS Money Watch. Show all posts
Showing posts with label CBS Money Watch. Show all posts

Monday, June 5

ChatGPT Taking Jobs


Tech jobs (Coders, computer programmers, software engineers, data analysts)

Coding and computer programming are in-demand skills, but it's possible that ChatGPT and similar AI tools may fill in some of the gaps in the near future.

Tech jobs such as software developers, web developers, computer programmers, coders, and data scientists are "pretty amenable" to AI technologies "displacing more of their work," Madgavkar said.

That's because AI like ChatGPT is good at crunching numbers with relative accuracy.

In fact, advanced technologies like ChatGPT could produce code faster than humans, which means that work can be completed with fewer employees, Mark Muro, a senior fellow at the Brookings Institute who has researched AI's impact on the American workforce, told Insider.

"What took a team of software developers might only take some of them," he added.

Tech companies like ChatGPT maker's OpenAI are already considering replacing software engineers with AI.

Still, Oded Netzer, a Columbia Business School professor, thinks that AI will help coders rather than replace them.

"In terms of jobs, I think it's primarily an enhancer than full replacement of jobs," Netzer told CBS MoneyWatch. "Coding and programming is a good example of that. It actually can write code quite well."  READ MORE...