Tomml | E+ | Getty ImagesThe notion of technological advancement upending the job market isn’t a new phenomenon.Robots and automation, for example, have become a mainstay of factory floors and assembly lines. And it has had various effects on the workplace, by displacing, changing, enhancing or creating jobs, experts said.related investing news A.I. is changing national security systems. Here’s what’s ahead for defense stocksHakyung Kima day agoArtificial intelligence — a relatively nascent and fast-moving type of technology — will undoubtedly do the same, experts said. However, it’s likely such tech will target a different segment of the American workforce than has been the case in the past.”AI is distinguished from past technologies that have come over the last 100-plus years,” said Rakesh Kochhar, an expert on employment trends and a senior researcher at Pew Research Center, a nonpartisan think tank. “It is reaching up from the factory floors into the office spaces where white-collar, higher-paid workers tend to be.””Will it be a slow-moving force or a tsunami? That’s unknown,” Kochhar added.About 1 in 5 American workers have ‘high exposure’ to AIIn basic terms, AI is built to mimic a human’s cognitive ability — i.e., to think like a human. It lets computers and machines perform tasks by themselves, Kochhar said.ChatGPT — an AI chatbot developed by San Francisco-based OpenAI — went viral after debuting to the public in November 2022, fueling a national debate as millions of people used the program to write essays, song lyrics and computer code.Such technology differs from robots, which generally perform physical tasks like lifting or moving objects. In a new Pew study, Kochhar found that 19% of U.S. workers are in jobs with high exposure to AI. The study uses the term “exposure” because it’s unclear what AI’s impact — whether positive or negative — might be.More from Personal Finance:Don’t keep your job loss a secretYou can use A.I. to land a job, but it can ‘backfire’The job market is still favorable for workersThe high exposure group includes occupations like budget analysts, data entry keyers, tax preparers, technical writers and web developers. They often require more analytical skills and AI may therefore replace or assist their “most important” job functions, the report said.Workers with the most AI exposure tend to be women, white or Asian, higher earners and have a college degree, the report said.”Certainly, there could be some [job] displacement,” said Cory Stahle, an economist at job site Indeed. However, AI could also “open new occupations we don’t even know about yet.””The jury is still out,” he added.Conversely, 23% of American workers have low exposure to AI, according to the Pew report.These workers — like barbers, dishwashers, firefighters, pipelayers, nannies and other child care workers — tend to do general physical activities that AI (at least, in its current form) can’t easily replicate. The remaining share of jobs — 58% — have varying AI exposure.In 2022, workers in the most exposed jobs earned $33 per hour, on average, versus $20 in jobs with the least exposure, according t …
Article Attribution | Read More at Article Source