AI Replacing White-Collar Jobs: Implications of Automation on the Workforce
- AI is replacing white-collar jobs
- Generative AI can auto-complete sentences, create first drafts of documents, presentations, images, video and product designs
- AI is being used by banks to run anti-money laundering surveillance programs
- Tech companies are using AI to justify layoffs
- IBM’s CEO believes that 30% of white-collar roles could be replaced by AI over the next five years
- Dropbox has laid off its workforce in order to invest more in AI
- The Writers Guild of America and studios are negotiating how AI will be used in television and film production
- There may still be time to figure out how to best integrate AI into the workplace ensuring public interest, worker’s interests, and employer’s interests.