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AI Will Replace Nearly Five Million American Jobs: Challenger Gray Report
Epoch Times ^ | 4/6/23 | Naveen Athrappully

Posted on 04/07/2023 5:11:29 PM PDT by CFW

1

With its current pace of development, artificial intelligence (AI) has the potential to replace millions of jobs rather than simply automating specific tasks, according to an executive coaching firm, with the report coming out amid a tightening of the labor market.

Chicago-based Challenger Gray asked OpenAI’s popular chatbot, “What jobs can ChatGPT replace?” to which the AI answered with a list. The firm took the list, acquired the numbers of people employed in the specific jobs from the U.S. Bureau of Labor Statistics, and added up the information to arrive at 4.8 million—reflecting the number of jobs potentially threatened by the expansion of AI. The details of the jobs were released by the firm on April 4. The job consists of work that is mostly repetitive and predictable. While some of the jobs were estimated to go down over the coming decade, other jobs were expected to increase the number of people working in the sector.

“Right now, artificial intelligence should be viewed as a tool to support workers and not as a replacement for their roles. Certainly, predictive language models can be used to automate tasks, giving workers more time to focus on those involving higher thinking,” said Andrew Challenger, senior vice president of the firm. Some of the job roles were expected to be on decline by the firm over the next decade, but others were estimated to grow.

(Excerpt) Read more at theepochtimes.com ...


TOPICS: Business/Economy; Culture/Society; Government
KEYWORDS: ai; economy; jobs; tech
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Watch out for your job! AI is coming for it!
1 posted on 04/07/2023 5:11:29 PM PDT by CFW
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To: CFW

Let’s begin by replacing Government Employees. Program them to follow the Constitution and we have a winner.


2 posted on 04/07/2023 5:14:25 PM PDT by Howie66 (Let's Go Brandon!!)
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To: CFW
“Right now, artificial intelligence should be viewed as a tool to support workers and not as a replacement for their roles


3 posted on 04/07/2023 5:15:25 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: CFW

Will the AI’s have their own union? Will they want want to eliminate humanity or keep us around as their slaves?


4 posted on 04/07/2023 5:16:15 PM PDT by George J. Jetso
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To: All

Cool, guess we don’t need any more immigrants in that case.


5 posted on 04/07/2023 5:16:47 PM PDT by escapefromboston (Peace, commerce and honest friendship with all nations, entangling alliances with none.)
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To: CFW

In twenty five years AI will be at the core of the American armed forces.


6 posted on 04/07/2023 5:18:23 PM PDT by allendale
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To: escapefromboston

The Best & Brightest can finally be sent home.


7 posted on 04/07/2023 5:30:37 PM PDT by bobcat62
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To: CFW
Elon Musk said he wanted to fire 75% of Twitter, and my guess is that a lot more than 5 million people don't do anything productive, or do things that are actually harmful to the organizations that employ them.

Being replaced by AI is the least of most workers' problems.

8 posted on 04/07/2023 5:31:12 PM PDT by Sooth2222 (“Toute nation a le gouvernement qu’elle mérite.” ("Every nation has the government it deserves.”) )
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To: dfwgator
Actually I think this is right in the short term. Over time though as with any improvement in industrial efficiency fewer people will be needed to do the same amount of work. This might mean fewer people in the industry but not necessarily--the industry might expand what is possible with new automation and deliver more to the customer and thus taking in more money as a whole and having more workers than it had before automation as a result...but they are not likely to be of the same skill set.

The part that concerns me is that automation tends to make things more sterile and the same. Less humanity going into what is crafted. Some people can afford to pay a high price for things that are hand crafted by those who keep the older more human arts alive--but most of us just make do with factory made things. What disturbs me is art and writing and journalism becoming sterile and plastic...more than it already has become. For myself I don't mind not having hand crafted furniture and such, but the idea of future generations not even hand crafted writing to read makes my heart sink.

9 posted on 04/07/2023 5:36:35 PM PDT by AndyTheBear
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To: CFW
Time will tell, but based on my observations AI tools may compete for some jobs, but will create more and better jobs for smart people-- so if we stop importing and subsidizing the birth of idiots it will be of benefit for the US.

AI can be used to perform complex technical tasks (e.g. writing code, drug design, engineering design, technical report writing, etc) better and much faster than humans, BUT only when used by really smart people who really know that problem space. Moreover, new six figure jobs are created daily right now for people who understand the nuances of how to get them most from these AI tools and teach tips and tricks to the technical experts in science who use them... I predict the next even bigger paying career will be the person who knows how to use all the tools, link them, and create optimized workflows for specific technical domains. This is an exciting time to be alive in STEM, even more so than the mid 80s during the explosion of the PC, or the mid 90s explosion of the internet.

10 posted on 04/07/2023 5:41:54 PM PDT by LambSlave
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To: CFW

Well...maybe all the eff... lawyers will get replaced


11 posted on 04/07/2023 5:42:00 PM PDT by goodnesswins ( We pretend to vote and they pretend to count the votes.)
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To: CFW

It was all a bit of fun when the AI robots came for the $15.00 grocery checker and fast food worker jobs.


12 posted on 04/07/2023 5:43:18 PM PDT by Round Earther
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To: CFW

Yep, In 5 years AI will replace jobs, a cure for cancer and baldness will be found, flying cars will be common, China’s economy will collapse, the Dollar won’t be the reserve currency, New York will be under water, yep in just 5 years....


13 posted on 04/07/2023 5:44:41 PM PDT by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
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To: Round Earther

In 2010, speech recognition software took away my medical transcriptionist career of 26 yrs. I made $20/hr with 4 weeks of vacation and great health insurance. Nuance, an offshoot of Dictaphone, promised to hire the 35 mostly middle-aged transcriptionists from the hospital, but I would have made about $10/hr with 1 week of vacation and crappy, more expensive insurance. I said “thanks…but no thanks.” I’ve seen close up what automation/AI can do to ppl’s plans for the future.


14 posted on 04/07/2023 5:53:02 PM PDT by Prince of Space (Let’s Go, Brandon! )
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To: CFW

The suicide rate will skyrocket. Life will not be worth living.


15 posted on 04/07/2023 5:54:52 PM PDT by Revel
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To: CFW

AI perhaps will replace workers at the executive coaching firms.


16 posted on 04/07/2023 5:59:08 PM PDT by citizen (Put all LBQTwhatever programming on a new subscription service: PERV-TV)
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To: goodnesswins
Well...maybe all the eff... lawyers will get replaced

I hired a law firm last week regarding a real estate item. Got called by an idiot rep with a foreign accent, took 10 minutes going over and over some stuff that could have been explained by AI ChatGPT in 1 or 2 minutes. One of the items was me asking them to cc my wife's email when they send correspondence. He asks what it is, I told him it's in the contract that my wife and I signed, fetch it yourself. End up giving it again and again as he garbled it. Not just lawyers can be replaced by AI, but their paralegals and clerical staff as well.

17 posted on 04/07/2023 5:59:46 PM PDT by roadcat
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To: CFW

All that money spent on learning to code... down the tubes... LOL


18 posted on 04/07/2023 6:04:06 PM PDT by Augie
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To: CFW
.... So with fewer and fewer jobs available because of automation and AI replacing humans ... compounded by more people being born and immigrating to our country increasing our population .... How are people supposed to make a living??? There is a storm brewing in this respect.

.

19 posted on 04/07/2023 6:10:01 PM PDT by R_Kangel ("A nation of sheep will beget a nation ruled by wolves")
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To: CFW

And in 1980 I was scooting around town with my jetpack. Ah, the good ol’ days.


20 posted on 04/07/2023 6:11:59 PM PDT by Retrofitted
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