Generative AI set to affect 300M jobs across major economies – Financial Times

  • The title is based on the numbers from a recent analysis by Goldman Sachs. Given all the speculation we've had on HN, it's nice to finally see some numbers that are a little more concrete regarding the possible economic impacts of tools like ChatGPT.

    Noteworthy pull-quote:

    > Most people would see less than half of their workload automated and would probably continue in their jobs, with some of their time freed up for more productive activities.

    > In the US, this should apply to 63 per cent of the workforce, they calculated. A further 30 per cent working in physical or outdoor jobs would be unaffected, although their work might be susceptible to other forms of automation.

    > But about 7 per cent of US workers are in jobs where at least half of their tasks could be done by generative AI and are vulnerable to replacement.

    > Goldman said its research pointed to a similar impact in Europe. At a global level, since manual jobs are a bigger share of employment in the developing world, it estimates about a fifth of work could be done by AI — or about 300mn full-time jobs across big economies.