IN LATE MAY, A PHOTO CIRCULATED on social media that showed smoke billowing from the Pentagon, triggering a brief dip in the stock market. The photo wasn’t real—a close inspection revealed that the building looked nothing like the Pentagon—but the reaction to the AI-generated image exacerbated concerns about the rapid growth of this technology.
The leaders of OpenAI, the research lab that developed ChatGPT, warned in a letter posted on their website that “super intelligent” AI technology— also called generative AI—“will be more powerful than other technologies humanity has had to contend with in the past.… We can have a dramatically more prosperous future, but we have to manage risk to get there,” they wrote. Even more ominously, a group of industry leaders warned that AI poses an existential risk, on par with pandemics and nuclear war.
Millions of workers have a more immediate worry: whether they’ll be replaced by an automated program. A recent report by Goldman Sachs Economics Research concludes that generative AI could cause “significant disruption” in the job market. The report estimated that roughly twothirds of current jobs in the U.S. and Europe are vulnerable to some degree of AI automation and projected that generative AI could replace up to onefourth of current work tasks, from writing memos to analyzing data. The report estimates that up to 300 million global jobs could be automated through generative AI.
Denne historien er fra August 2023-utgaven av Kiplinger's Personal Finance.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra August 2023-utgaven av Kiplinger's Personal Finance.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
MAKING A DIFFERENCE IN THE LIVES OF DISABLED VETERANS
He suffered grave injuries in the line of duty. Now he helps other veterans who have disabilities.
DO YOU NEED UMBRELLA INSURANCE?
A policy can protect you from financially devastating events.
Navigating Finances as a Blended Family
Money matters can get complicated when two families unite. Planning is key.
BREAKING UP WITH YOUR BROKER
Be aware of these challenges when you move your money to a new home.
CHOOSE A MEDICARE PLAN THAT'S RIGHT FOR YOU
Consider your health care needs over the long term as you weigh costs and coverage.
Keep Faith in These Stocks
IN 1997, I coined the phrase “faith-based investing.” It has nothing to do with religion or with picking stocks at random.
OUR ESG PICKS ARE THRIVING
Despite an ongoing backlash, our favorite stocks and funds focused on environmental, social and corporate governance issues had a good year overall.
MONEY MANNERS FOR THE MODERN AGE
The customs for splitting a restaurant check, purchasing a wedding gift, tipping and more have evolved. These guidelines can help.
ELECTION 2024: POLITICS AND YOUR PORTFOLIO
Who wins the White House matters—but only at the margins when it comes to your investments.
YOUR GUIDE TO OPEN ENROLLMENT
With health care costs on the rise, it’s critical to select a plan that fits your needs at the right price.