How can AI-driven automation contribute to job displacement across various industries, and which sectors are most vulnerable?
Here are some ethical considerations surrounding the potential biases and misinformation spread by LLMs ¹ ²: - Bias Reduction Techniques: Organizations must implement bias detection tools into their process to detect and mitigate biases found in the training data. - Lack of social context: AI systemRead more
Here are some ethical considerations surrounding the potential biases and misinformation spread by LLMs ¹ ²:
– Bias Reduction Techniques: Organizations must implement bias detection tools into their process to detect and mitigate biases found in the training data.
– Lack of social context: AI systems lack the human social context, experience, and common sense to recognize harmful narratives or discourse.
– Lack of transparency: The black-box nature of complex AI models makes it difficult to audit systems for biases.
– Reinforcement of stereotypes: Biases in the training data of LLMs continue to reinforce harmful stereotypes, causing society to stay in the cycle of prejudice.
– Discrimination: Training data can be underrepresented, in which the data does not show a true representation of different groups.
– Misinformation and disinformation: Spread of misinformation or disinformation through LLMs can have consequential effects.
– Trust: The bias produced by LLMs can completely diminish any trust or confidence that society has in AI systems overall.
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AI (Artificial Intelligence) is one of the great invention in the field of science and technology. AI offers great promise to derive businesses forward, automate manufacturing processes and deliver valuable insights. AI is increasingly being used across various industries, including logistics, manufRead more
AI (Artificial Intelligence) is one of the great invention in the field of science and technology. AI offers great promise to derive businesses forward, automate manufacturing processes and deliver valuable insights. AI is increasingly being used across various industries, including logistics, manufacturing, cyber security etc.
AI is set to affect jobs in 2024-2030 in various sectors like Google, Amazon, other online, manufacturing and software companies, etc. because of theirs software to creating presentation, content writing, analyze and enter data etc. In next 6 years, AI will be taking some jobs, but it will be creating new ones!
A study by the McKinsey Global Institute reports that by 2030, at least 14% of employees globally could need to change their carriers due to digitisation, robotics and AI advancements.
Forbes also says that, according to MIT and Boston University report. AI will replace as many as two million manufacturing workers by 2025. The report of Investment Bank Goldman Sachs says that, AI could replace the equivalent of 300 million full-time as well as part-times jobs.
Jobs are most likely to be automated in the following sectors given below :-
1) Customer Service Representative.
2) Receptionists.
3) Accountants/Bookkeepers.
4) Salespeople.
5) Research and analysis.
6) Warehouse Works.
7) Insurance Underwriting.
8) Retail.
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