Sign Up to Our Newsletter

Be the first to know the latest tech updates

[mc4wp_form id=195]
Tech News

An early look at the labor market impact potential of large language models

An early look at the labor market impact potential of large language models


We investigate the potential implications of Generative Pre-trained Transformer (GPT) models and related technologies on the U.S. labor market. Using a new rubric, we assess occupations based on their correspondence with GPT capabilities, incorporating both human expertise and classifications from GPT-4. Our findings indicate that approximately 80% of the U.S. workforce could have at least 10% of their work tasks affected by the introduction of GPTs, while around 19% of workers may see at least 50% of their tasks impacted. The influence spans all wage levels, with higher-income jobs potentially facing greater exposure. Notably, the impact is not limited to industries with higher recent productivity growth. We conclude that Generative Pre-trained Transformers exhibit characteristics of general-purpose technologies (GPTs), suggesting that as these models could have notable economic, social, and policy implications.



Source link

Team TeachToday

Team TeachToday

About Author

TechToday Logo

Your go-to destination for the latest in tech, AI breakthroughs, industry trends, and expert insights.

Get Latest Updates and big deals

Our expertise, as well as our passion for web design, sets us apart from other agencies.

Digitally Interactive  Copyright 2022-25 All Rights Reserved.