WEF Jobs of Tomorrow Generative AI 2023 · Page 5
WEF_Jobs_of_Tomorrow_Generative_AI_2023.pdf
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Introduction: How will large language models impact the jobs of tomorrow? Labour markets are undergoing rapid transformation from the trajectory of growth, geoeconomics, sustainability and technology. The Future of Jobs Report 2023 found that business leaders expect 23% of global jobs to change in the next five years.2 In particular, generative artificial intelligence (AI) has undergone a profound leap in capabilities, embodied in products such as GitHub’s Copilot for programming, Midjourney for image generation and ChatGPT as a universal language assistant. The Future of Jobs Report 2023 also found that AI and text, image and voice processing technologies more generally are top of mind for businesses. The report found that 75% of survey respondents report having plans to adopt AI in their organization’s operations, and 62% report having plans to adopt text, image and voice processing technologies.3 This has raised questions about how this new technology will affect organizations and labour markets around the world. This white paper examines the potential near- term, direct impact on jobs of a particular type of generative AI, large language models (LLMs), which have been highly visible in public debate over the past year due to their human-like ability to create and understand language. As LLM services have exploded in popularity, with free services such as ChatGPT reaching as many as 100 million active users within the first two months of its debut,4 the capabilities of these models, paired with their accessibility and rapid adoption rate, suggest that many work tasks – and jobs that emphasize them – could be impacted by the use of LLMs in the years to come. By some estimates, up to 62% of work time involves language-based tasks.5 Yet, artificial intelligence and text, image and voice processing technologies also have the potential to augment work and create new jobs. In addition, many roles remain wholly unaffected by these developments. Rapid technological change often generates anticipation regarding its effects on daily life, particularly jobs. In the aggregate, previous innovations have led to more employment opportunities, better-quality jobs and a higher quality of life, but they also create disruption and displacement.6 This paper aims to support the detailed analysis required to take a clear-eyed view around impact, opportunity and preparation. Generative AI, LLMs and language tasks The newest forms of groundbreaking generative AI models are created via deep learning, which is the process of training foundation models on very large sets of data. These foundation models are typically created in the form of a neural network, whose structure is inspired by the arrangement of neurons in the human brain. Large foundation models are trained on vast amounts of data and have seemingly super-human levels of predictive capacity, which can be harnessed by producing text or images in response to a written prompt.7 So far, generative AI models have been configured into a variety of different tools to serve different contexts, such as image, audio or video creation, identifying financial fraud and other security risks, and a host of general language capabilities, including the ability to generate natural, mathematical and computational language. While there is a broad range of implementations of generative AI, this study will focus on LLMs and their unique language-generat
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