The Impact of Artificial Intelligence on Jobs: Positive Disruption and Displacement?

City says 7,000 summer jobs are available for Boston youth ages 14 to 18

essence

  • automation effect. Generative AI will wipe out entire sectors and industries, including white-collar jobs.
  • positive disturbance. Disruption caused by artificial intelligence can lead to positive social and economic changes.
  • Concern for displacement. The impact of AI on white-collar jobs will generate more interest and concern than the impact on manual workers, leading to potentially positive change for all workers..

a Recent New York Times story The title posed the following question – the one that’s been on the mind of anyone who makes a living using only their brains: “Messing around in ChatGPT, Workers Wonder: Will This Take My Job?”

In my opinion, the answer to this question is “Yes!”

The massive impact of generative AI on jobs

Yes, ChatGPT, along with the massive wave of other AI-powered smart technologies, apps, tools, gadgets, will indeed eliminate not only jobs, but complete sectors. Not only will the disruption be massive and widespread, but it will also be rapid.

Positive change: moving away from the late stage of capitalism

But rather than the fear which we all justifiably feel, I think this development is an eminently positive development for anyone who thinks that unless we move away from our late-stage capitalist arrangement, in which economic growth is fueled exclusively by the doctrine of maximizing profits at all costs, an unimaginable catastrophe is Our impending collective destiny.

Let me explain.

Related article: ChatGPT is all the rage but don’t stop learning yet

The loss of white-collar jobs and the uproar that will follow

First, it’s important to note that what ChatGPT and Generative AI will do for white-collar workers is what “labor-saving devices” (as they were called back when their introduction began) have done and continue to do for over 100 years for workers and blue-collar workers. In other words, this — no doubt, a massive, relentless push to lower the cost of production in pursuit of greater bottom line profit — is by no means a new thing.

Now, what is new, however, is that while no one but those who have lost their jobs cares much about the fate of manual workers (certainly not white-collar workers, who rarely or never feel empathy for those who have suffered, other than telling their children to work hard and get on good grades, lest they end up like wretched and miserable), in the case of losing office jobs, expect something completely different. He expected a general uproar and clamor from a wide section of workers who hitherto felt it, though far from where they thought they ought to be, since they had already gone to school and got good grades, and had worked so hard to get those extravagant grades. pricey, and in fact they don’t give up a not insignificant part of their paychecks to pay for those degrees–that on the whole, and especially in comparison with those who use their hands–the situation is tolerable enough.