Attention Economy


Friday, February 9, 2024

Is AI Already Impacting the Labor Market?

AI Is Starting to Threaten White-Collar Jobs. Few Industries Are Immune.
https://www.wsj.com/lifestyle/careers/ai-is-starting-to-threaten-white-collar-jobs-few-industries-are-immune-9cdbcb90
Leaders say the fast-evolving technology means many jobs might never return

The AI jobs slaughter is coming for tech first
https://www.telegraph.co.uk/business/2024/02/15/ai-jobs-slaughter-coming-for-tech-first/
Highly skilled workers are at risk in the coming jobs revolution

Coders and Analysts Feel AI’s Breath on Their Necks
https://www.itprotoday.com/career-development/coders-and-analysts-feel-ais-breath-their-necks
Nobody’s really ready for how automation could upend white-collar drudgery.


How AI is transforming the business of advertising
https://www.ft.com/content/0ac1fe79-4c2a-4030-8046-061293ba1127
The rapidly evolving technology is making it easier and cheaper to deliver high-quality campaigns. But where does that leave creatives?

Tech companies axe 34,000 jobs since start of year in pivot to AI
https://www.ft.com/content/9bace2e9-3ecb-4651-a6c0-b16f0226c0e0

The A.I. Economy Makes Our Humanity More Important Than Ever
https://www.nytimes.com/2024/02/14/opinion/ai-economy-jobs-colleges.html
Aneesh Raman and Maria Flynn:
In today’s knowledge economy, many students are focused on gaining technical skills because those skills are seen as the most competitive when it comes to getting a good job. And for good reason. For decades, we have viewed those jobs as “future-proof” given the growth of technology companies and the fact that engineering majors land the highest-paying jobs.
The number of students seeking four-year degrees in computer science and information technology shot up 41 percent between the spring of 2018 and the spring of 2023, while the number of humanities majors plummeted. Workers who didn’t go to college and those who needed additional skills and wanted to take advantage of a lucrative job boom flocked to dozens of coding boot camps and online technical programs.
Now comes the realization of the power of generative A.I., with its vast capabilities in skills like writing, programming and translation (Microsoft, which owns LinkedIn, is a major investor in the technology). LinkedIn researchers recently looked at which skills any given job requires and then identified over 500 likely to be affected by generative A.I. technologies. They then estimated that 96 percent of a software engineer’s current skills — mainly proficiency in programming languages — can eventually be replicated by A.I. Skills associated with jobs like legal associates and finance officers will also be highly exposed.
 
AI Is Taking on New Work. But Change Will Be Hard—and Expensive.
Many executives are still figuring out how, and how fast, to go with generative AI
 

Related: