Future of Work Not All Doom & Gloom With AI

🔥 TOP STORY

Editor’s Choice: ChatGPT is about to revolutionize the economy. We need to decide what that looks like.

Rather than simply driving workforce reductions, could ChatGPT help a wide range of people upskill and compete with those who have more education and expertise?

A recent study on the productivity impact of ChatGPT suggests that could be the case.

One potential outcome: If AI can broaden the expertise of displaced office and factory workers, and provide specialized skills needed for in-demand jobs in areas such as health care or teaching, it could revitalize the workforce.

"Simply put, we are at a juncture where either less-skilled workers will increasingly be able to take on what is now thought of as knowledge work, or the most talented knowledge workers will radically scale up their existing advantages over everyone else. Which outcome we get depends largely on how employers implement tools like ChatGPT. But the more hopeful option is well within our reach."

This engaging long-read from MIT Technology Review notes that while there are real concerns for the workforce, there's also a plenty to be optimistic about … and that the challenge is on us. (17 mins)

💥 QUICK HITS

• Will AI Take Your Job? How Artificial Intelligence is Shaping the Future of Work [YouTube] 🎥

  • Hot takes on the impact on the workplace from SXSW by Garry Kasparov, Ian Beacraft and MIT's Pulkit Agrawal. TL;DR: We don't know exactly what will happen, but it'll be big. (4 mins)

• Rise of no-code AI 'removing the need for the technical founder', says Fishburners CEO

  • Startup hub CEO says no-code AI will reduce the need for technical founders, and increase the need for soft skills in the very near future. (5 mins)

• Most Jobs Soon To Be ‘Influenced’ By Artificial Intelligence, Research Out Of OpenAI And University Of Pennsylvania Suggests

  • Artificial intelligence is likely to alter tasks in at least 80% of all jobs, a new analysis suggests. The findings emphasize that affected occupations will be significantly influenced or augmented by generative AI, not replaced. The caveat: The researchers also state that AI will reshape the workplace in ways we currently cannot imagine. (8 mins)

⚙️ TOOL TIME

Microsoft has unveiled a new AI-driven tool, introducing the Microsoft Security Copilot in a private preview. This cutting-edge solution empowers security experts to monitor their environment, leverage existing intelligence, associate threat behaviors, and make well-informed, expeditious decisions at machine speed. (3 mins)

👉️ ONE TO WATCH

Not following AI advisor and investor Allie K Miller? You might have missed her deep dive on improving job processes with ChatGPT. It touches on marketing, sales, recruiting, teaching, product management and much more. It's a long read, but offers heaps of actionable tips for anyone. (26 min)

Or, check out her more recent podcast about ChatGPT with innovation and entrepreneurship professor Ethan Mollick, and organizational psychologist Adam Grant. (55 mins)

💭 WILD CARD

You'd be forgiven for thinking the Pope is now cooler than your Grandpa, but you might have fallen victim to yet another viral con at the hands of AI. While the image spread like wildfire after being posted on Reddit by a Midjourney artist, only a few savvy users spotted the fake. Others are still questioning if they'll ever be able to believe their eyes again.

🧠 LOOKING AHEAD

The European Union (EU) is considering new regulations on the use and development of artificial intelligence. 

The Artificial Intelligence (AI) Act aims to strengthen rules around data quality, transparency, human oversight and accountability in sectors ranging from healthcare and education to finance and energy. Proposed penalties include fines of up to €30 million or 6% of global income for non-compliance. (5 mins)