Two-thirds of the current jobs in the world may become automated to varying degrees and generative AI will replace about a quarter of tasks, according to a recent study by Goldman Sachs.
The integration of artificial intelligence into the most widely used IT software in offices around the world will provide exceptional benefits to those who use computers in their work, such as the ability to create a summary of a video meeting with a single click.
As a factor in increasing productivity, the bank pointed out that artificial intelligence may contribute in the long run to raising global gross domestic product annually by 7%.
The bank concluded that generative AI may lead to the automation of about 300 million full-time jobs and administrative and legal jobs will be the most affected, while generative AI will contribute to creating new job opportunities and modern professions.
More and more studies are predicting the significant impact that artificial intelligence will have on the business world, with hundreds of millions of jobs being affected or even eliminated.
In March, Microsoft and Google announced that they would integrate artificial intelligence technology into their information programs used by companies, “within a few months,” and announced the start of the trial phase.
Indispensable tools
“Various activities in all fields will be affected by AI,” said Nicolas Gaudemet, an artificial intelligence specialist at One Point.
“Once these tools are used, they become indispensable, as they enable us to complete additional tasks more quickly, such as browsing summary texts instead of reading entire documents, and companies that do not use them quickly will not make progress,” he added.
“The interface, the point of interaction between more than one component, represents a revolution in this field,” said Françoise Soulier-Voglmann, a pioneer in the field of artificial intelligence in France during a seminar recently organized by “France Digital”.
“We have to help our companies grow with AI, or they won’t survive. Should we trust this technology completely? No! We have to use it,” she added.
Demonstrative videos from Microsoft and Google show what integrating artificial intelligence into their programs can provide, such as data analysis in Excel, pre-made email messages, mailbox management, and other vast possibilities.
One of the main developments is that the user will be able to formulate their requests in simple language, without having to master the complex details of the programs.
The integration of artificial intelligence into computer programs will be a win for Microsoft and Google, which will sell the new service for high sums, but companies will have to face additional challenges.
Job loss
In a survey conducted by the Organization for Economic Cooperation and Development, which included 5,000 employees and 2,000 companies in Europe and the US and published on March 23, two-thirds of employees in a company that started using artificial intelligence said that this technology has contributed to the automation of a group of tasks, while, half of them pointed out that it created new tasks.
Furthermore, 75% of AI users pointed out that this technology contributed to accelerating their business, while 80% of users confirmed that AI improved their performance at work, and 14 to 19% expressed great concern about losing their jobs or that AI would be a reason to reduce their salaries.
Moreover, 57% of employees wanted to ban the use of AI in layoff decisions, while 40% wanted it banned from the recruitment process.
Half of the employees fear that artificial intelligence applications in the companies they work in will collect information about them or how they work, and indicated that they feel that they are under increasing pressure regarding their performance.
