As on date, microsoft vs Google war on chat GPT is alarming, while
many companies are shedding like ninepins or grass, >50% of the employee ,
working on the sides of CODING, PROGRAMMING,AND MATHEMATICAL CODES AND
APPLICATION DEPARTMENTS CONCERNED, And many unemployed wizards, once were
in demand, are on the street. There is a proverb; pambukku paal vaartha ";
if you feed the snake with the poison, even if you give food, all the
years, out of good moinds, the snake will definitely sting, one day.
However, I do remember, when the whole of indian govt employees, protesting
the computerization, fearing loss of employment. Today, they will protest
,only if they are removed. So too AI may be a vital forte; but when Sunder
Pitchai, may be necked out, because Google by ChatGPT lost 100 million
dollars in one second. So what does it show; Chat GPT and all AI including
that of Mitra Robot, Balaji Viswanathan ( favorite of Mr Gopalakrishnan in
quora) will be a set-back, only where human brain is the only stronger
element. And suppose all the exit-employees formed another AI company of
their own, then Google, MS, Amazon and many more , may lose their
market too , because, the Brahmas are in the front, and there will be none,
to plug in the loop hole of AI failure of 100 million. Accountancy, and
formulae cannot run the trade. Human elements are the reason for the
upkeep. Now a google article:
ChatGPT has been the talk of the town since it was launched in November.
While the underlying technology isn’t new, artificial intelligence like
this has never been so accessible to the public, and the OpenAI-owned bot
has blown minds with its ability to complete a wide range of tasks, from
passing business school exams
<https://fortune.com/2023/01/21/chatgpt-passed-wharton-mba-exam-one-professor-is-sounding-alarm-artificial-intelligence/>
to
drafting State of the Union speeches
<https://fortune.com/2023/02/06/chatgpt-generates-sotu-speech/>.

Just 10 years ago, a lot of artificial-intelligence-related developments
felt like science fiction, and predictions for how they would shape
industries were often ominous for workers. In 2013, two Oxford University
economists, Carl Benedikt Frey and Michael Osborne, wrote a paper
<https://www.oxfordmartin.ox.ac.uk/downloads/academic/The_Future_of_Employment.pdf>
in
which they predicted that 47% of U.S. employment was under threat from
“computerisation” or automation.

A decade later, automation is here and fast becoming a part of almost every
industry. But Frey doesn’t think that we’re at nearly half of human workers
being replaced just yet. He does think, however, that ChatGPT could create
a lot more competition, which would lower wages.

“I think there’s a risk that ChatGPT makes us a lot more productive in
easy-to-do stuff, but the hard part to figure out is how we can use A.I. to
create innovation that then creates new occupations and new industries,”
Frey told *Fortune*.

He pointed to various trends that have already been driving wages down,
from the computer revolution that impacted middle-income jobs to the
steadily falling income of prime-age men
<https://fortune.com/2022/12/07/men-dropping-out-work-force-status-study/>.
And if ChatGPT is successful in creating more competition, that might lead
to a continuation in a downward-trending trajectory, he said.

In a previous interview
<https://www.businessinsider.com/jobs-at-risk-replaced-ai-chatgpt-oxford-economist-2023-2>
with
Insider, Frey likened ChatGPT to Uber disrupting the taxi market
<https://www.ox.ac.uk/news/2017-01-26-uber-effect-drivers-wages-are-cut-there-more-work>,
increasing the demand for drivers and lowering wages by about 10%.

“Uber <https://fortune.com/company/uber-technologies/> didn’t reduce the
demand for taxi drivers,” Frey told Insider. “It, if anything, increased
the number of people driving cars for a living, but it reduced the amount
[and] the earnings capacity of incumbent drivers.”

The existence of ChatGPT itself has already heated up competition among big
tech companies for the burgeoning A.I. market, forcing Google
<https://fortune.com/company/alphabet/> to pull up its socks for a new tech
race. On Monday, the company announced its very own chatbot,
<https://fortune.com/2023/02/06/google-launches-ai-chatbot-rival-chatgpt/>
called
Bard. And Microsoft <https://fortune.com/company/microsoft/> poured $10
billion
<https://fortune.com/2023/01/23/microsoft-investing-10-billion-open-ai-chatgpt/>
into
ChatGPT’s parent company last month.

“Just the fact that it’s available to almost everyone is a huge step
change. How much this is actually a sort of a step change in terms of
innovation, I think, is debatable,” Frey said.

But Frey remains optimistic about A.I. innovations and what it could mean
for technological progress. “What we ideally want is technologies that
create new types of jobs, new types of industries, new demands of labor,”
he said.KR IRS 9223

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