Generative Pre-trained Transformer (GPT) models are revolutionizing the way we work, and a new research paper sheds light on how these models could impact the U.S. labor market. The paper's findings reveal that GPTs and related technologies could affect around 80% of the U.S. workforce, with at least 10% of work tasks impacted. This number rises to 50% for approximately 19% of workers. The impact of GPTs is felt across all wage levels, and higher-income jobs may face greater exposure. Interestingly, the impact is not limited to industries with higher recent productivity growth.
The research paper suggests that GPTs exhibit characteristics of general-purpose technologies (GPTs), which could have notable economic, social, and policy implications. In other words, the introduction of GPTs could change the way we work and the workforce itself, with some jobs potentially becoming obsolete while others may require new skills.
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Research paper: https://www.researchgate.net/publicat...