Albert's AI and tech news

A monumental shift is on the horizon, poised to reshape the global economy in profound ways—the rise of artificial intelligence (AI) is set to create seismic changes in the job market. The futuristic allure of AI has been a staple in both fantastical films and academic discussions for decades. However, the recent surge in accessible AI tools has transformed this futuristic speculation into an imminent reality, arriving even sooner than anticipated. This technological revolution is now poised to disrupt economies worldwide. A report from Goldman Sachs in March highlighted that over 300 million jobs across the globe stand to be affected by AI, while McKinsey, a prominent consulting firm, estimated that by 2030, around 12 million Americans will need to transition to new fields. This wave of "creative destruction," as economist Joseph Schumpeter termed it, will sweep away numerous existing businesses while simultaneously fostering the growth of novel industries. A...

  As the world becomes more technologically advanced, artificial intelligence (AI) is becoming increasingly present in our daily lives. However, not all professions will be impacted in the near term, according to a recent report. While AI technologies have the potential to revolutionize workflows and automate aspects of many jobs, jobs involving manual or outdoor labor or specialized knowledge are less likely to be replaced by AI-informed automation. These jobs are safe from the AI revolution for now. Generative AI and large language models (LLMs) are technologies that have received a lot of attention lately. Both use algorithms to take existing, human-created content, like text, images, audio, and video, to create new content and analyze vast quantities of data. In most professions, AI will serve as a complementary tool for human workers that helps them become more productive by automating some tasks rather than putting those people out of work. A report by Goldman Sachs found tha...