AI is here to better your work, not take your job: Economist

A recent report from the Indeed Hiring Lab finds that artificial intelligence (AI) is more likely to support human workers rather than replace them. Only 28.5% of skills could potentially be replaced by AI, while 68.7% are unlikely to be replaced, according to the report. Cory Stahle, Indeed Hiring Lab economist, joins Brad Smith on Wealth! to break down the findings and discuss what workers can do to best position themselves in the AI era.

Stahle reports that “any job that requires a physical, hands-on human element is going to be more or less a little more in that bucket of somewhat safer from genAI,” though he notes that “it's still unclear what that necessarily means. " He explains that “having GenAI be able to impact a skill” involved in the work could actually be positive, enhancing worker productivity.

The economist says that the research found that tasks that rely on structured data and defined problems, like accounting, are most vulnerable to being replaced by AI.

“Most notably, what we found in this research is that there were no skills, as in zero skills, that AI was able to do excellently well. At the end of the day, [it's] very unlikely that a lot of these skills are going to be going to be to GenAI anytime soon,” Stahle underlines.

“We need to really be thinking about [GenAI] as just another tool in our tool belt. Something that as job seekers, as workers, we can add that to our arsenal to solve these different problems.” For workers looking to upskill in the AI era, Stahle recommends “just getting in, learning about these types of tools, playing with them, seeing what they're capable of, and also building your network [to see] what other people in your industry are doing with these tools.”

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This post was written by Naomi Buchanan.