The New AI and ChatGPT

 AI

Artificial Intelligence

ML

Machine Learning

No it is not coming for your job but will rather augment what you do today.

More on that in a moment.

Here is a quick story about a Sci-fi magazine that had to close submissions because of the swarm of AI written material:

https://arstechnica.com/information-technology/2023/02/sci-fi-becomes-real-as-renowned-magazine-closes-submissions-due-to-ai-writers/

Here is a blurb about 

https://arstechnica.com/information-technology/2023/02/generative-ai-is-coming-for-the-lawyers/

... and a quick clip from that one ...

“Legal document drafting can be a very labor-intensive task that AI seems to be able to grasp quite well. Contracts, policies, and other legal documents tend to be normative, so AI's capabilities in gathering and synthesizing information can do a lot of heavy lifting.”

The strength of AI is in the performance of repetitive tasks.  You can visualize this as a machine in say an assembly line of a car. Where do we put robots today? Highly repetitive tasks of a very uniform standard nature.  Yes. Now take that to the intellectual world such as writing (see above) and apply the same concept. However it cannot fully replace the human in the task.

There is a lot of space there in the world to fill in the work with machines. It is already happening and has been happening for centuries.  Think of washing machines for your laundry. We used to do all the work washing each item of clothing by hand. Now the human manages the machine that does the grunt work of washing. The human is still present.

Tomorrow (today) we will have new jobs that manage the AI to ensure it is staying on task and target. Some jobs will go away, some will be created, some groups of people will gain, and some will lose. 

The wealthiest in the world see two solutions to staying ahead in the coming decades: capital and creativity.  All else will become tertiary.

Best,

J.W. Gant