ChatGPT has been all the rage. So what is it?
ChatGPT is an AI chatbot that’s a human-like conversationalist. The dialogue format and training make it possible for ChatGPT to answer follow-up questions, admit mistakes, challenge incorrect premises, and reject inappropriate requests. ChatGPT is OpenAI’s sibling to their InstructGPT model, which was trained to follow instructions and provide a detailed response.
The premise is that OpenAI trains, rather than programs, their AI models imply a more human-like quality to these artificially intelligent software applications. There’s no doubt that some components of human-held jobs will be replaced as AI continues to advance. But just as some become obsolete, others will thrive, and others will work side-by-side with AI.
Here are three jobs some researchers believe will be replaced by AI and how you can pivot your role to take advantage of this technology to advance your career:
1. Content Writer
ChatGPT can write grammatically correct, readable articles solely based on its training data. It cannot generate original content or make editorial decisions. ChatGPT lacks empathy and originality. It’s also recognized as AI-generated content most of the time by plagiarism and AI detectors like Originality.AI. That won’t necessarily hurt SEO ranking, as some SEO experts assert. Google is against spammy automatically generated content — regardless of whether a robot or a human writes it.
All of this points to good news for content writers. Use ChatGPT to write evergreen articles and generate keywords and quality backlinks. Let ChatGPT do the heavy lifting and the time-consuming work. Once that’s done, writers can humanize the content and make it shine. Writers add flare, creativity, and originality. Good writing is in the details, which require a human touch.
2. Computer Programmers and Coders
ChatGPT and other AI tools can write code more quickly and accurately than human programmers, provided these AI tools receive prompts. Most of the code written by AI is simple and serves a particular function. AI can’t analyze problems with the code or come up with solutions. AI doesn’t have the critical thinking skills to work through complicated programming.
Coders and programmers also fix bugs and improve existing code, so programs run more efficiently. AI is not capable of adequately forecasting human needs. However, the two — humans and bots — will likely work side-by-side in this field, where AI takes over the mundane and repetitive tasks, and humans focus on the creative and analytical side.
3. Financial Analysts, Advisors, and Bankers
AI can analyze and manipulate data sets faster and more efficiently than humans. Using AI allows financial advisors to forecast better investment mixes for their clients … so long as humans can interpret the data. AI is already used for investing. Robo Advisors use algorithms or AI to make changes to investment portfolios, and chatbots are used to provide financial advice.
But there will always be a need for human expertise and judgment. Only people can give personalized advice to their clients based on their unique circumstances. People in finance should focus on relationships and cultivating trust with their clients.
Another consideration is the tightly regulated financial industry. Laws will likely be passed to regulate how AI is used within this industry. Currently, AI has little oversight or accountability. It is a “big black box.” So, while AI has many benefits, it won’t replace financial jobs soon. Nonetheless, about 32% of banks currently use AI technology for repetitive tasks, fraud protection, personalized services, and other services. AI technology is projected to save North American banks as much as $70 billion by 2025.
AI is very good at doing what it is programmed to do, and you may compete with ChatGPT for an entry-level job. Still, it is unlikely to fully replace the seasoned programmer, writer, or [insert job title here].
AI will infiltrate every industry on some level. ChatGPT is just a few months old and already shaking up the workforce in many industries. The question is how entry-level applicants will compete against this evolving technology. People will need to focus on what AI cannot do: creative and artistic work or work requiring thoughtful analysis. In essence, be human.