A recent report by McKinsey highlights that generative AI is projected to automate 30% of work hours by 2030. This finding is part of a broader analysis of AI's impact on the labor market, which indicates significant changes in job demand and roles. Since the launch of ChatGPT, there has been a 30% decline in online gigs related to writing and coding, reflecting AI's capacity to replace certain jobs. The research suggests that while job losses are a concern, there is also an emerging demand for roles that require AI skills. The Harvard Business Review has noted that the introduction of generative AI tools has led to immediate decreases in job postings for online gig workers, particularly affecting roles susceptible to automation. As generative AI continues to evolve, its influence on the job market is becoming increasingly evident, reshaping the dynamics of freelancing and employment.
Bad news: study from Harvard Business Review shows gen AI has been very negative for jobs. "We find that the introduction of ChatGPT and image-generating tools led to nearly immediate decreases in posts for online gig workers across job types, but particularly for… https://t.co/zWqfqly3Fc
Generative AI Reshapes Online Job Market The rapid adoption of generative AI tools, like ChatGPT, has already reshaped the online gig economy, with notable shifts in job demand and requirements. - Demand for automation-prone jobs (e.g., writing, software development) has… https://t.co/xVeYYrqSy7 https://t.co/nyixsG1fR3
Research: How #GenerativeAI Is Already Impacting the Labor Market. #AI #HBR https://t.co/m4xHX96gnz