The Rise of Generative AI and the Future of Jobs

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Without generative AI, McKinsey research estimated automation could take over tasks accounting for 21.5% of the hours worked in the US economy by 2030 with it that share has now jumped to 29.5%. People in the two lowest wage quintiles are up to 10 to 14 times more likely to need to change occupations by the end of this decade than the highest earners. They write while our analysis shows a decrease of 1.1 million jobs in the two low wage quintiles by 2030, jobs in the highest wage quintile could grow sharply by 3.8 million.

Text-to-image but with non-gibberish words! The dream is now real thanks to Stable Diffusion XL which was released yesterday at Amazon Web Services big AI event. Also on today's AI Breakdown: new studies are out from McKinsey and Pew Research that discuss which US jobs are most at risk of AI automation vs. which are resilient and likely to grow over the coming decade. Today's Sponsor: Giskard - the testing framework for ML models - https://www.giskard.ai/ ABOUT THE AI BREAKDOWN The AI Breakdown helps you understand the most important news and discussions in AI. Subscribe to The AI Breakdown newsletter: https://theaibreakdown.beehiiv.com/subscribe Subscribe to The AI Breakdown on YouTube: https://www.youtube.com/@TheAIBreakdown Join the community: bit.ly/aibreakdown Learn more: http://breakdown.network/