A scare tactic has been setup to draw your eyes. News reports abound about how AI could replace the equivalent of 300 million full-time jobs. What they leave off is that it’s an equivalence of certain jobs that will change. Nobody talks today about jobs that were replaced by moving to cars, by computers, by other advances over the decades. We don’t lament the decline in the number of blacksmiths to shoe our horses. Yes, it will raise some writing skills through tech hashing apart your writing, your emails, for instance, but will it replace all writers? No. Fortunately, 60% of workers are in roles that did not exist in 1940.
ChatGPT-style AI will have a large impact but new jobs could emerge, a Goldman Sachs report says.