Over the past few years, artificial intelligence has shown exponential growth across different industries. We now search for information using ChatGPT or Bard, make songs and images with A.I.-powered tools, and get content recommendations by A.I. assistants on streaming platforms.
The threat of artificial intelligence in employment prospects is one of the most-discussed issues when we talk about machine workers. According to a recent report from the investment bank Goldman Sachs, A.I. may replace an equivalent of 300 million full-time jobs soon.
Still, they are merely estimations. We have yet to definitively answer how big the impact of artificial intelligence competing with human counterparts in the job market will be.
In contrast, its effect on wage levels can be found in some real-world cases. This impact could be due to the change of responsibilities and duties from adopting A.I. tools.
