Artificial intelligence is currently catching on like wildfire, both among private individuals and companies. The turning point was programs like ChatGPT, which can independently create texts, images and now also videos at a good and rapidly improving level. So far, no company has laid off employees because of this.
However, within the “five to ten year horizon” this would “naturally affect some professional groups,” says Thomas Mück, president of the Computer Society (OGC).
On the one hand, the AI boom could partially offset the exit of baby boomers from the labor market, but at the same time it will make it more difficult for young people to enter the workforce, especially in sectors such as the creative industries. .
“Those who use AI have a competitive advantage”
At a conservative estimate, today’s programs that run on generative artificial intelligence (AI) — that is, creating new content — could save about 1.5 hours of net time in a 40-hour week, he estimates. Anyone who can use AI has a competitive advantage.
Soon only basic models will be free?
What contributes to generative AI’s current triumph is that it is available for free to individuals and cheap to businesses. However, Mück assumes that this will soon be completely over or will only apply to the basic models.
Source: Krone

I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.