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What we're getting wrong about the "generative AI is a job killer" narrative

Oct 26, 2023 - qz.com
A report by employment site Indeed suggests that artificial intelligence (AI) may change, rather than eliminate, jobs. The study, which evaluated over 15 million job postings, found that women and Asian American and Pacific Islanders are more exposed to generative AI due to their concentration in high-exposure industries like education, administration, mathematics, and computer science. However, the study emphasizes that race and gender are not the main factors of AI exposure, but rather the occupations that certain demographics are concentrated in.

Indeed economist Cory Stahle suggests that while only a small percentage of job postings currently require AI skills, it's beneficial for job seekers to gain experience with AI applications as every industry will eventually use them. He believes that people are unlikely to lose their jobs to AI, but those who have AI skills may displace those who don't. He encourages job seekers of all ages and groups to embrace these technologies as they can unlock potential career advancements.

Key takeaways:

  • Indeed's report suggests that AI is more likely to change jobs rather than eliminate them, with certain demographics more exposed due to the industries they work in.
  • Women and Asian American and Pacific Islanders are more exposed to generative AI due to their concentration in high-exposure industries such as education, administration, mathematics, and computer science.
  • Only 0.05% of Indeed job postings in August asked for generative AI skills, and 1.7% asked for broader technological skills, suggesting that the impact of AI on jobs is still relatively small.
  • Indeed economist Cory Stahle advises job seekers to embrace AI technologies as they will become increasingly important across all industries, and those with AI skills may displace those without.
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