ChatGPT is just the latest technology to fuel worries that it will wipe out the jobs of millions of workers, whether advertising copywriters, Wall Street traders, salespeople, writers of basic computer code or journalists.
But while many workforce experts say the fears that ChatGPT and other artificial intelligence (AI) technologies will cause unemployment to skyrocket are overblown, they point to another fear about AI: that it will widen the US’s already huge income and wealth inequality by creating a new wave of billionaire tech barons at the same time that it pushes many workers out of better paid jobs.
Like many revolutionary technologies before it, AI is likely to eliminate jobs. But, as has been the case in the past, experts argue, AI will likely offset much of that by spurring the creation of new jobs in addition to enhancing many existing jobs. The big question is: what sort of jobs?