AI Could Automate or Augment 40% of Total Hours Worked in the U.S

The future of work is here, and it's being shaped by artificial intelligence. According to an Accenture study, these models have a solid potential to automate or supplement 40% of all hours worked in the United States this year.

Did you know that approximately two-thirds of positions in the United States that deal with language have a strong potential for automation or AI advancement? According to recent research incorporating data from the U.S. Department of Labour, the Bureau of Labour Statistics, and the Occupational Information Network, this is the case. A startling 62 percent of all labor time is today devoted to tasks using language.

Given that AI is present in many sectors of the economy, from healthcare to finance, and that it may reduce the difficulty and expense of completing certain activities, the potential impact of AI on language-related occupations is particularly significant. Numerous sectors have been hailed as being transformed by AI.

Artificial intelligence (AI) can help you uncover hidden insights. AI may find trends that people would miss because of its capacity to analyze enormous volumes of data rapidly and correctly. But don't worry; technology will not replace human perception and intuition.

Even if AI is used in many different tasks, human connection will still be needed. There will be an increase in employment opportunities as brand-new roles, including AI editors and controllers, emerge. Accenture contends that to succeed in this new environment; we must give people, education, and training the same priority as technology.

The most significant potential for AI integration is seen in the banking and insurance sectors, where 66% of hours worked have the potential to be enhanced or automated by AI. Chemical and resource sectors, where the majority of workers' time is spent on non-linguistic tasks, are the least impacted industries.

AI technology will help generate new possibilities and occupations in the long term. Up to 40% of all U.S. workdays might be improved or automated by AI, transforming the nature of employment in the future.

Robots and humans can benefit from technology, but we must use it responsibly. We all must maximize our potential and stay clear of any dangers. As AI continues its rapid development, one thing is clear: large language models like ChatGPT could significantly impact how we work in 2021 – and beyond!

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by Arooj Ahmed via Digital Information World