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Sept. 30, 2024, 8 a.m.
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How Generative AI Affects Job Roles and Skills: A Comprehensive Analysis

As Generative AI continues to influence our work, redefine job roles, and alter the significance of various skill sets, a pertinent question arises: Which skills will artificial intelligence completely replace? Indeed's economists have been focused on this inquiry for several months, ultimately leading them to craft a lengthy 1, 000-word prompt for ChatGPT. This prompt underwent multiple adjustments and was supplemented with human research to determine whether any skills could be entirely substituted by Generative AI. In this analysis, over 2, 800 skills were evaluated and rated based on ChatGPT's competence in performing them. The extensive study found that Generative AI excels in providing information, spreading knowledge, and processing data. However, in the realm of problem-solving, particularly regarding creative thinking and human reasoning, its proficiency is not as strong. Additionally, jobs and skills that necessitate hands-on, in-person execution cannot be replaced by Generative AI unless performed by robots. Key insights from Indeed's AI at Work report revealed the following (as summarized in the report): - Over 8% of the evaluated skills could potentially be automated by Generative AI, yet human involvement remains vital in most scenarios. - Close to 70% of the skills were deemed ‘very unlikely’ or ‘unlikely’ to be replaced, which is optimistic news for many professionals. - None of the skills examined were categorized as ‘very likely’ to be replaced. - Among the 16 occupations studied, accounting professionals are among those most likely to experience changes driven by Generative AI. - Almost 80% of accounting skills were identified as ‘possible’ or ‘likely’ to be automated, while childcare roles are among the least likely to face replacement. What do these findings imply for job-seekers and professionals? For job-seekers, the analysis highlights the necessity for adaptability amid ongoing advancements in generative AI.

It’s advisable to avoid applying for roles focused solely on routine data tasks like data entry and instead concentrate on developing and showcasing skills less prone to automation—such as creativity, critical thinking, and problem-solving. Investing in your skill set and domain expertise will allow you to complement AI in your chosen profession and boost your productivity rather than compete with it, which could threaten your role. For those already employed, particularly in automation-sensitive positions like accounting, the key takeaway is to be proactive. Maintain your relevance by honing skills in strategic thinking, client relations, stakeholder management, and high-level decision-making, while letting Generative AI handle the more mundane tasks it can perform. Overall, adopt a flexible mindset, prioritize learning new skills—especially those involving negotiation, emotional intelligence, and human interaction—and strive to be someone who can effectively collaborate with artificial intelligence. This will help ensure your career growth and provide you with a competitive edge in the job market. In conclusion, to address the question of which skills Generative AI will fully replace, the answer is: none.



Brief news summary

A recent Indeed study examined the impact of Generative AI (GenAI) on the job market, evaluating over 2,800 skills with both ChatGPT and human assessments. The research found that while GenAI is proficient in information processing, it struggles with creativity and human insights, particularly in problem-solving scenarios. Jobs that necessitate physical presence are also seen as irreplaceable. The results indicated that only around 8% of skills are likely to be automated, highlighting the significance of human involvement, while almost 70% were classified as 'unlikely' to face automation, offering reassurance to workers. However, skills related to accounting are at a higher risk, with approximately 80% vulnerable to automation, unlike more secure roles like childcare. For job seekers, adaptability is vital. They should cultivate skills less prone to automation, such as creativity and critical thinking. Those in fields like accounting should focus on enhancing strategic and interpersonal capabilities, utilizing GenAI for routine tasks. Developing emotional intelligence and negotiation skills will help equip workers for the changing job market, as GenAI is not expected to entirely replace any particular skill.

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