Generative AI Will Transform Jobs, Not Eliminate Them; Lower-Paying Roles Face Most Risk
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Generative AI will transform many existing jobs rather than eliminate them outright, allowing workers to be more efficient and productive. However, some jobs like customer service and clerical roles could still be at risk.
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As generative AI enhances certain skills, new jobs will emerge to support its adoption, like AI prompt engineers and auditors. But lower-paying roles where skills can be automated may see job losses.
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Skills are evolving rather than requiring wholly new ones - what changes is how they are applied. Workers can focus more on creative and interpersonal aspects as tedious tasks are delegated to AI.
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There is a risk of exacerbating inequalities as higher-paying jobs stand to benefit more from augmenting capabilities with AI compared to lower-paying roles.
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It's vital to ensure the human aspect is not lost for roles providing human-centric services, like a doctor's bedside manner, as more routine tasks are delegated to AI.