Meet James, a dog walker in Manhattan. He is a former content writer who has since lost his job due to his employer’s quest to reduce headcounts in a cost-cutting initiative. Now, he has developed new skills and included them in his CV:
- Over 18 years old
- warm and caring as well as comfortable with all canine friends including those hot-tempered Pitbull!
- Ability to handle stressful situations and other features that make one a hero near animals.
Our hearts still go out to Natasha Johnston who lost her life in the line of duty – Dog walking!
A few minutes of sharing with him tells you he passionately hates ChatGPT.
Can AI Replace Lawyers?
It is no longer about content writers alone, lawyers are now facing the axe. Questions like can AI replace the lawyers? or How AI is making Lawyers jobless are becoming more common. For tasks such as document review, legal research, and due diligence that senior counsels charged $1000/hrs, 01 will now accomplish with greater efficiency and record speed of 5 minutes at $3/hr.
Let get the statistics clear here…
80% of Americans cannot afford legal representation. As a result, 90% of the citizen’s need for law go unmet. OpenAI 01 is currently pulling down the prices in a way that will likely shakeup the legal profession. Stakeholders in the sector can still rely on the model’s hallucinations by citing cases that never existed. However, the writing on the wall is becoming clearer. It maybe time to rethink how they will meet the AI axe on job loss!
So, how did AI Lead to Job Losses?
Back to James, First things first, let’s get to know ChatGPT. Many people are now familiar with the tool or already using it.
ChatGPT is an advanced language model developed by OpenAI. It is based on the GPT (Generative Pre-trained Transformer) architecture, specifically GPT-3.5, which stands for the third iteration of the model with various enhancements and improvements. GPT-3.5 is trained on a massive amount of text data and has the ability to generate human-like responses given a prompt or a conversation.
ChatGPT is designed for natural language understanding and generation, allowing it to engage in interactive conversations with users. It can answer questions, provide explanations, generate text, offer suggestions, and more. It has been trained on diverse sources of information, including books, articles, websites, and other publicly available text.
James is among the million employees who must bite the bullet in the new twist of things as ChatGPT sends chills in the labor market.
Will ChatGPT Replace All Content Writers?
We talk of AI milking-dry thousands of employment opportunities in the short term and millions in the long term. In as much as we try to avoid this discussion, some workers like James are already feeling the heat!
If we have an opportunity to answer the question of whether AI will replace human labor? The answer is a big NO.
However, when it comes to writers and software developers, then it’s a different question. Now is the time to demystify the idea that Ostriches bury their head in the sand in the belief that “if I can’t see the enemy, they can’t see me”. Unlike this popular belief, the threat of AI especially ChatGPT is real for many workers. For example, if a company can train ChatGPT on its work, it can provide a particular amount of work. This will automatically displace workers. In our view, NOT all workers but about 30% of workers will face the axe in the long term.
If you didn’t, know Ostrich is a ferocious fighter bird who will always throw its weight around. This is an attribute for employees who will survive ChatGPT. The 70% of employees who will survive ChatGPT must sharpen their skills beyond the basics and offer something more than ChatGPT. Otherwise, if you’re in a sector that’s highly threatened, you’d rather start preparing for your exit and join James.
Writers, developers, teachers, caregivers and now lawyers amongst others who feel threatened must continue grinding. Learn new skills, keep moving, and secure your space. In that way, technology will put in your hands greater tools to enable you to achieve goals that seemed impossible.
