Sunday, June 8, 2025
News PouroverAI
Visit PourOver.AI
No Result
View All Result
  • Home
  • AI Tech
  • Business
  • Blockchain
  • Data Science & ML
  • Cloud & Programming
  • Automation
  • Front-Tech
  • Marketing
  • Home
  • AI Tech
  • Business
  • Blockchain
  • Data Science & ML
  • Cloud & Programming
  • Automation
  • Front-Tech
  • Marketing
News PouroverAI
No Result
View All Result

No One Actually Knows How AI Will Affect Jobs

April 11, 2024
in AI Technology
Reading Time: 2 mins read
0 0
A A
0
Share on FacebookShare on Twitter


Forget the idea of artificial intelligence breaking free from human control and taking over the world. A more immediate concern is how today’s generative AI tools will impact the labor market. Some experts predict increased productivity and job satisfaction, while others fear mass unemployment and social upheaval.

Mary Daly, CEO of the Federal Reserve Bank of San Francisco, is closely monitoring the situation. As a labor market economist, she is particularly interested in the potential changes generative AI might bring to the job market.

Daly recently spoke with WIRED senior editor Will Knight over Zoom. The conversation has been edited for brevity and clarity.

In your discussions with early adopter companies, what have you observed about the use of generative AI and its impact on workers?

Many companies are exploring the possibilities of generative AI. While some may replace workers, others are using it to enhance their workforce. Overall, firms are not solely relying on AI for job replacement.

For example, one company used generative AI to assist in writing descriptions for items they sell. By automating this task, employees were able to focus on more engaging work.

Do you believe generative AI will lead to job losses overall?

Historically, technology has not resulted in a net loss of jobs. The impact of technology tends to fall somewhere in the middle, depending on how we engage with it. Generative AI presents opportunities to replace, augment, and create new roles for workers, but there will be winners and losers. It is crucial for us to consider how we utilize this technology.

Could white-collar workers benefit from AI-powered tools?

Education and a tight labor market can encourage companies to use AI in a way that enhances human potential. Companies are driven by profitability and productivity, which can lead to more effective utilization of talent. While the initial inclination may be to replace workers, it is not a foregone conclusion.

Some companies focused on developing AI tools may prioritize replacing humans, but there is potential for AI to empower workers if used thoughtfully.



Source link

Tags: Affectartificial intelligenceEconomyfast forwardfuture of workJobssilicon valleywork
Previous Post

New AI method captures uncertainty in medical images | MIT News

Next Post

Star Trek’s Holodeck recreated using ChatGPT and video game assets

Related Posts

How insurance companies can use synthetic data to fight bias
AI Technology

How insurance companies can use synthetic data to fight bias

June 10, 2024
From Low-Level to High-Level Tasks: Scaling Fine-Tuning with the ANDROIDCONTROL Dataset
AI Technology

From Low-Level to High-Level Tasks: Scaling Fine-Tuning with the ANDROIDCONTROL Dataset

June 10, 2024
Decoding Decoder-Only Transformers: Insights from Google DeepMind’s Paper
AI Technology

Decoding Decoder-Only Transformers: Insights from Google DeepMind’s Paper

June 9, 2024
How Game Theory Can Make AI More Reliable
AI Technology

How Game Theory Can Make AI More Reliable

June 9, 2024
Buffer of Thoughts (BoT): A Novel Thought-Augmented Reasoning AI Approach for Enhancing Accuracy, Efficiency, and Robustness of LLMs
AI Technology

Buffer of Thoughts (BoT): A Novel Thought-Augmented Reasoning AI Approach for Enhancing Accuracy, Efficiency, and Robustness of LLMs

June 9, 2024
Deciphering Doubt: Navigating Uncertainty in LLM Responses
AI Technology

Deciphering Doubt: Navigating Uncertainty in LLM Responses

June 9, 2024
Next Post
Star Trek’s Holodeck recreated using ChatGPT and video game assets

Star Trek's Holodeck recreated using ChatGPT and video game assets

Favourite Apps (V2, S2, E7)

Favourite Apps (V2, S2, E7)

Cost-effective document classification using the Amazon Titan Multimodal Embeddings Model

Cost-effective document classification using the Amazon Titan Multimodal Embeddings Model

Leave a Reply Cancel reply

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

  • Trending
  • Comments
  • Latest
23 Plagiarism Facts and Statistics to Analyze Latest Trends

23 Plagiarism Facts and Statistics to Analyze Latest Trends

June 4, 2024
Managing PDFs in Node.js with pdf-lib

Managing PDFs in Node.js with pdf-lib

November 16, 2023
Accenture creates a regulatory document authoring solution using AWS generative AI services

Accenture creates a regulatory document authoring solution using AWS generative AI services

February 6, 2024
Salesforce AI Introduces Moira: A Cutting-Edge Time Series Foundation Model Offering Universal Forecasting Capabilities

Salesforce AI Introduces Moira: A Cutting-Edge Time Series Foundation Model Offering Universal Forecasting Capabilities

April 3, 2024
The Importance of Choosing a Reliable Affiliate Network and Why Olavivo is Your Ideal Partner

The Importance of Choosing a Reliable Affiliate Network and Why Olavivo is Your Ideal Partner

October 30, 2023
Programming Language Tier List

Programming Language Tier List

November 9, 2023
Can You Guess What Percentage Of Their Wealth The Rich Keep In Cash?

Can You Guess What Percentage Of Their Wealth The Rich Keep In Cash?

June 10, 2024
AI Compared: Which Assistant Is the Best?

AI Compared: Which Assistant Is the Best?

June 10, 2024
How insurance companies can use synthetic data to fight bias

How insurance companies can use synthetic data to fight bias

June 10, 2024
5 SLA metrics you should be monitoring

5 SLA metrics you should be monitoring

June 10, 2024
From Low-Level to High-Level Tasks: Scaling Fine-Tuning with the ANDROIDCONTROL Dataset

From Low-Level to High-Level Tasks: Scaling Fine-Tuning with the ANDROIDCONTROL Dataset

June 10, 2024
UGRO Capital: Targeting to hit milestone of Rs 20,000 cr loan book in 8-10 quarters: Shachindra Nath

UGRO Capital: Targeting to hit milestone of Rs 20,000 cr loan book in 8-10 quarters: Shachindra Nath

June 10, 2024
Facebook Twitter LinkedIn Pinterest RSS
News PouroverAI

The latest news and updates about the AI Technology and Latest Tech Updates around the world... PouroverAI keeps you in the loop.

CATEGORIES

  • AI Technology
  • Automation
  • Blockchain
  • Business
  • Cloud & Programming
  • Data Science & ML
  • Digital Marketing
  • Front-Tech
  • Uncategorized

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 PouroverAI News.
PouroverAI News

No Result
View All Result
  • Home
  • AI Tech
  • Business
  • Blockchain
  • Data Science & ML
  • Cloud & Programming
  • Automation
  • Front-Tech
  • Marketing

Copyright © 2023 PouroverAI News.
PouroverAI News

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In