From the Wall Street Journal, March 28:
New study finds that AI tools could more quickly handle at least half of the tasks that auditors, interpreters and writers do now
Accountants are among the professionals whose careers are most exposed to the capabilities of generative artificial intelligence, according to a new study. The researchers found that at least half of accounting tasks could be completed much faster with the technology. The same was true for mathematicians, interpreters, writers and nearly 20% of the U.S. workforce, according to the study by researchers at the University of Pennsylvania and OpenAI, the company that makes the popular AI tool ChatGPT.
The tool has provoked excitement and anxiety in companies, schools, governments and the general public for its ability to process massive amounts of information and generate sophisticated—though not necessarily accurate or unbiased—content in response to prompts from users.
The researchers, who published their working paper online this month, examined occupations’ exposure to the new technology, which is powered by software called large language models that can analyze and generate text. They analyzed the share of a job’s tasks where GPTs—generative pre-trained transformers—and software that incorporates them can reduce the time it takes to complete a task by at least 50%. Research has found that state-of-the-art GPTs excel in tasks such as translation, classification, creative writing and generating computer code.
They found that most jobs will be changed in some form by GPTs, with 80% of workers in occupations where at least one job task can be performed more quickly by generative AI. Information-processing roles—including public relations specialists, court reporters and blockchain engineers—are highly exposed, they found. The jobs that will be least affected by the technology include short-order cooks, motorcycle mechanics and oil-and-gas roustabouts....
...MUCH MORE
