Evaluating The Impact Of Generative AI: 28 Million Americans Could Be Affected

What kind of jobs will see the most disruption?

It’s time to have a discussion about the impact of Generative AI, like ChatGPT and JasperAI, on jobs. Over the past few months, we’ve seen a rapid increase in the use of AI in various industries and sectors and there have been many discussions about the effect on education and learning. Now it’s time to explore the implications for employment. By pulling data from the Bureau of Labor Statistics and O*NET, we have calculated that 28 million Americans will be affected by generative AI this year, that is 18% of the U.S. workforce.

Generative AI allows us to create new content such as images, text, sound, music, and video. It can create output that has typically been associated with complex and creative tasks belonging to higher barrier-to-entry occupations.

Steven Peavey, Director of Strategy for Moser Application Services, has compiled the data and extrapolated the effects that might be coming our way.

“We’re still in the infancy of generative AI, so it’s best not to overestimate its short-term effects while also not underestimating its long-term potential,” said Steven. ” Knowing who will be affected is easier to predict than how they will be affected.”

It is likely that those who have more experience will be more resistant to change. Those most likely to experience changes are those with less power, influence, and experience. Most of these would fall under entry level. Those with mid to senior level roles may be more involved with overseeing those doing the work with less focus on executing.

The report also predicts the most common types of change could be lateral transfers, voluntary resignations, changes to day-to-day processes and decisions about hiring. It is important for businesses and individuals alike to stay informed about how generative AI will continue to shape our labor market moving forward.

The report found that certain industries such as healthcare and retail were more likely to be unaffected due to their reliance on manual labor or customer service staff. Additionally, those who are employed in roles requiring higher cognitive skills such as marketing or writing may find themselves more impacted by generative AI, with the most affected group likely being ‘Writers and Authors’ subset group.

However, even if an industry doesn’t appear vulnerable right now doesn’t mean it won’t be in the future with further advancements in technology. Companies should continue monitoring their industry landscape closely and understanding how they can use generative AI responsibly while maintaining good employment practices.

For now, these predictions serve as a reminder that we should all be mindful of how quickly technology can change our lives – both positively and negatively – so that we can prepare ourselves for whatever comes our way in the future.

There are many more predictions and conclusion in the full article on the Moser website. You can see the full article here:

https://www.moserit.com/impact-of-generative-ai-on-american-jobs