ChatGPT And Other AI Projects Can Significantly Disrupt Job Markets, New Research Proves

The greatness of AI technology cannot be denied and the tech world continues to be revolutionized by the endeavor.

We’ve seen leading tools and software programs like ChatGPT make it big and hold great significance in making a difference in people’s lives. But with that does come the fear of taking over people’s manual jobs.

New research is shedding light on how the threat of causing significant disruption in the American job market is plenty. But if you think this technology is going to get you fired anytime soon, well, that may not be the case exactly.

The research by Goldman Sachs proves in a new report that around the world, generative AI is doing a great job at exposing nearly 300 million full-time opportunities and converting them into automated means through such endeavors.

The investment bank says that nearly two-thirds of American occupations are getting exposed to a certain degree of this kind of automation and among the jobs exposed, a lot of them have an important share where their workload could well be replaced by AI models.

Similarly, this research reports how one-fourth of the current jobs may well be automated by AI models across the US. And those sectors that appear to be the most at risk include the domains of administrative support, engineering, architecture, and even physical sciences.

But those who deal with the manual and outdoor labor industry would obviously be seeing the least impact.

Thankfully, the research admits that today’s rise in programs like ChatGPT won’t replace most of us. And instead, we will just see it adding AI technology to boost productivity in the workforce.

The impact of AI on labor is major but most jobs are only exposed to such automated endeavors to help complement them and not replace them, the report further explained.

Similarly, we saw the research highlight how the current stats prove that just 7% of American employment would be completely substituted through AI technology linked to that profession. And it would entail it behaving as a complement to this type of work too. Meanwhile, just 30% of the remainder 30% would stay unaffected.

Even when workers don’t lose jobs to such AI initiatives, we see this anticipating how most workers would find better and newer occupations come forward thanks to more people adopting AI technology.

The goal here is to boost productivity across so many sectors. Furthermore, the researchers feel AI models may actually help the world’s economy and boost the total GDP of the country by 7%.

It’s quite interesting how this report is arriving at a time when we saw ChatGPT’s makers, OpenAI carries out its own respective study. It found how so many generative AI programs would disrupt 19% of the overall job industry across America.

So many careers including writing, computer programming, and even language translations are up for grabs of being affected the most and having the greatest impact felt.

But keeping that aside, we need to remember that this research failed to account for a few other factors including the errors that such models make and how the probability is high in that regard.

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by Dr. Hura Anwar via Digital Information World

Google Is Enhancing Its Search Features So Users Can Better Judge Online Data And Sources

Google is on a mission to better its search features so users can gauge information online with ease and explore various viewpoints.

The search engine giant says it’s so important in today’s day and age to get the right type of data that is correct and can be relied upon. After all, there’s nothing worse than information that’s daunting as the internet keeps on growing and continues to evolve with time.

As a part of the response to such challenges, the tech giant has opted to take on the task to give users a new array of tools to better cope with this ordeal.

Remember, the tech giant has made it very clear that such updates are getting published soon and the list was outlined today for all to see.

It included the likes of introducing ‘about this author’ and an expansion of ‘about this result’. Similarly, it hopes to attain easier access to its ‘about this result’ feature while adding some distinct perspectives to its Top Story endeavor. Lastly, it hopes to incorporate advisories linked to information gaps too.

The news arises at a time when we’re just days away from Global Fact-Checking day which takes place on April 2. Moreover, the significance here is related to giving out the best information literacy and most reliable sources.

For starters, the feature called About this Author is designed to give more background data about the authors providing the information online. Users can simply press on the three-dot icon and get access to details on their experience and other types of content they’ve produced elsewhere on the web.

For now, the feature did not mention how exactly Google attains the details of the author but it’s quite interesting when you come to think of it. But what we do know is that the feature is going to be up for grabs on the search results page in the English language for all soon.

Next, Google is opted to expand it's About This Result offering globally. The feature is going to be up for grabs in various languages. So wherever the search engine is accessible is users, you’ll find a language of that kind.

To avail, users can simply click on the three dots that are featured near the search snippets to attain more data about the information’s source and how Google’s system can deem it to be useful for users.

The goal here is to provide more ways to make users decide which web pages they can visit and which results in they could trust.

Thirdly, we’ve got Google’s New Perspective offering to provide a glimpse of diverse views. The search engine giant says the feature that is dubbed Offering is designed to appear right underneath Top Stories and set out insights from different media personalities including experts, journalists, and some very relevant personalities regarding different search topics.

The offering is designed to set out different types of viewpoints on media topics including current affairs while complementing today’s very authoritative form of reporting that you see in the Top Story feature.

We are expected to see this rollout soon in America for both mobile phones and desktop users.

Next, we’re seeing the tech giant launching it's About This Page that makes data so much more accessible for all. Now, all you need to do is type URLs into the search bar and include data from Google’s About this Page. It’s going to pop up at the top of the Search Results.

The rollout will be global and will appear in English.

Last but not least, Google will put content advisories whenever there is an evolving topic. These would get expansions to different languages to combat information gaps.

Read next: US Federal Judge Says Google Should Be Sanctioned For Not Preserving Chat Messages Between Employees
by Dr. Hura Anwar via Digital Information World

TikTok Goes On The Offensive To Explain How It Has Helped American Businesses As Threat Of US Ban Looms

TikTok is trying to do whatever it can to ward off the threat of a potential ban of the app in the country.

The latest we know so far is how the platform’s CEO was given the chance to testify in front of the Senate and justify why TikTok should still continue with its operations in the country.

But despite its efforts, we’re not quite sure if that is ever going to be enough to convince US lawmakers that a ban is not needed, considering the fact a lot of them have already made up their minds.

It seems like the company has entered the offensive and is still very optimistic about it.

So many key partners are being dealt with in a similar way by the company. They’re holding meetings to give the assurance that despite the gloomy situation, things will work out for the better.

A lot of emphasis is similarly being put on making others realize that TikTok has really come far in terms of providing assistance to the American population. The app says turning Americans’ hobbies into something of a business really shows how keen it is to make them earn revenue and achieve brand growth during financial crunch situations.

But the concern of having potential links with the Chinese is one that is of the most concern. It’s hard to dispel the assumptions of the American government that data is and was shared with the officials in that nation, without taking the consent of users.

Clearly, desperate times call for desperate moves, and in the past week, the app has really doubled its range of stories regarding the benefits it has had on the American economy, and losing it could affect the country big time.

Furthermore, the app’s CEO recently published two more videos through the platform’s main channel. He called the app’s users to come forward and assist in persuading the local reps in the country and lobbying them toward making a decision that would help save this app.

And by the looks of his desperate calls, we feel that this might be a hint of how close the US is toward banning the platform. The goal seems to sway people in the right direction and we’re not too hopeful that this is the way to do it.

Whatever the case may be, only time can tell if the ban is coming or not. And until then, we’re just going to have to sit and watch in silence while the company scrambles in utter chaos and desperation.

Meanwhile, internal reports from Digiday did reveal how the company is similarly carrying out meetings with important advertising partners to show them more information and concerns about the platform.

It appears to be a part of the five-page long document that talks about TikTok providing key information regarding the platform and how it currently works under the management of both the US and Singapore.

Read next: Does America’s TikTok Ban Spell the End of the Open Internet?
by Dr. Hura Anwar via Digital Information World

Global App Market Displays Signs Of Resiliency Despite Economic Headwinds, New Research Proves

The global mobile app market is booming as per recent statistics proven by new research.

It’s quite clear that consumers are in no mood of joking around in terms of various apps being launched. The news comes as Q1 for 2023 comes near to a close and that’s where this study highlighted some key trends that viewers may have missed.

As per the study, today’s global app market continues to display some huge signs of resilient behavior. And when you consider how unpredictable the current economic situation is at this moment in time, the industry deserves all the more credit.

Mobile users are predicted to spend more funds across various app stores during this first quarter of 2023. It’s very different from what you might see in other quarters with record figures going as far as $33 billion.

But the past has proven to us how trends are not always positive as seen in the previous Market Pulse Report for their third quarter of 2022.

There was a huge decline YoY during this time. And we can safely conclude that this might stand for a correction in Q1 of this year. Moreover, it’s interesting how it's getting shared through two mobile formats, both iOS and Google Play. The former saw a 4% year-on-year growth while the latter witnessed a great 6% growth.

After that, you saw iOS produce $21.7 billion while Google Play grossed nearly $12 billion.

When you compare that to Apple users, they’re really spending so much more money than Android users. Moreover, iOS was seen accounting for 65% of the total app store outlays with this figure getting higher in non-gaming applications.

iOS represents a staggering 71% share. So as you can tell, this sector is really getting support from the huge demand for subscriptions on the app with the sudden emergency of popular apps that make use of them including Calm.

As far as which categories were seen making it bigger than usual, the answer is Gaming, Entertainment, and Social had people spending the most on them. Moreover, both Editors and Video Players including House and Home as well as Health and Fitness had big QoQ growth of between 20 to 21%.

When compared region-wise, it’s countries like the US, South Korea, and Japan that had consumers spending the greatest number of resources.

This rise in consumer spending for this quarter comes with slow and steady growth in terms of downloads. As a whole, consumers are downloading 38 billion apps in this quarter of 2023 and that’s second to what we saw in Q3 of 2022.

Furthermore, the study revealed how the biggest rise took place on the likes of iOS which saw installs rise 12% YoY to nearly 9 billion.

As expected, the applications which led the market in terms of spending included those that are deemed to be the most popular among users today. And no surprise here to guess that ByteDance’s TikTok cemented its lead. Similarly, the Chinese parent firm’s CapCut even made it big too as people spent the most on both these platforms.

H/T: DataAI

Read next: Global Consumer Spending Grows Thanks to Entertainment Apps
by Dr. Hura Anwar via Digital Information World

Global Consumer Spending Grows Thanks to Entertainment Apps

Consumer spending has seen a lot of lows recently, and that is thanks in no small part to the global pandemic. In spite of the fact that this is the case, the years after the pandemic have seen an uptick in consumer spending. While developed countries are still struggling to keep the pace, developing nations and emerging markets have ensured that the growth rate is higher than might have been the case otherwise.

With all of that having been said and now out of the way, it is important to note that global downloads saw huge boost due to the pandemic. While the rate of downloads has slowed, it still sits at a far higher number than what was seen prior to the emergence of Covid-19. Africa is looking to be a major player, with its relatively young population set to make the continent a massive market in the next few years or so, as per ST data.

However, one concerning statistic involves a drop in consumer spending on Android apps. In-app purchases and other forms of consumer spends have gone down by 7% year over year. That is largely due to Apple’s anti tracking policies along with inflationary pressures that are hitting consumers in the wallet with all things having been considered and taken into account.

Despite so many headwinds, consumer spending prospects are continuing to look up. Entertainment apps are coming to the fore, with apps like TikTok and YouTube driving a lot of growth in this sector. That suggests that entertainment apps will be an even bigger focus in the coming years, and considering how important Africa is about to become, it stands to reason that the continent will be responsible for a lot of the decisions that are made down the line.

Much of the digital ad spend is going towards TikTok, and that has led to record breaking numbers for the Chinese social media platform. Brand spending is decreasing, but the prospects for 2023 are looking up as brands hope to increase spends after inflationary pressures begin to subside. That will leave TikTok well poised to take over the industry over the next decade.

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by Zia Muhammad via Digital Information World

AI-powered Language Models Could Disrupt Job Markets, Study Reveals

The rise of artificial intelligence (AI) and machine learning has brought forth a new era of technological creation, converting various aspects of human life. However, a new study suggests that AI-powered language models such as GPTs (Generative Pre-trained Transformers) could have far-reaching importance for the labor market, potentially disrupting industries and rendering many jobs obsolete.

According to the analysis, approximately 19% of employees in the USA can do 50% of their work with the help of such technologies. Further, it also highlights that these models hold the potential to automate a broad range of tasks that are currently performed by humans, including data entry, customer service, and blockchain. This could lead to significant job losses and unemployment in several sectors, particularly in developing countries where labor-intensive jobs are prevalent.

GPTs are deep learning models that use vast amounts of data to generate human-like language responses. They have already been employed in various fields, including natural language processing, chatbots, and predictive text. They have also been used in language translation services and content generation for marketing and advertising purposes.

However, the study suggests that the widespread use of Artificial Intelligence models could lead to unintended consequences. As companies increasingly adopt AI-powered language models, they may replace human workers with them due to their speed, efficiency, and cost-effectiveness. This could have significant economic impacts, particularly in countries where jobs are already scarce.

The news also suggests that the displacement of jobs by GPTs could exacerbate existing social and economic inequalities. The most vulnerable populations, including women, people of color, and low-skilled workers, are likely to be the hardest hit by the automation of jobs. This could lead to a widening income gap and further entrench poverty and social exclusion.

Furthermore, the rise of AI-powered tech is also expected to boost the demand for highly skilled workers in fields such as data science, computer engineering, and artificial intelligence. This means that workers who lack the necessary skills and education to work in these fields may struggle to find employment in the future, further widening the skills gap and exacerbating inequalities.

However, some experts argue that the rise of AI and machine learning could also create new opportunities for workers. As certain jobs become automated, new jobs may emerge that require a different set of skills, such as data analysis and programming. This could lead to the development of new industries and the creation of new job opportunities.

Read next: 7 Types of Artificial Intelligence (AI) You May Not Know About
by Arooj Ahmed via Digital Information World

Scammers Are Offering Fake Shein Gift Cards to Instagram Users

Social media is full of scams, and the most recent scam of all has to do with a popular clothing brand by the name of Shein. Researchers at Avast have found that users from Australia, the UK, Spain, Poland and France along with many other countries have been targeted by scammers with all things having been considered and taken into account.

The initiation of this scam involves a comment being left on a user’s Instagram post. The scammers state that the user is one of a few lucky individuals that are eligible to receive a gift card from Shein in 2023, and that makes victims more susceptible than might have been the case otherwise.

The comment offering the gift card contains a link, and with all of that having been said and now out of the way it is important to note that this link is very dangerous to click on. If you were to go to the link, you will be asked to fill out a survey. Comments from other supposed winners are also shown because of the fact that this is the sort of thing that could potentially end up making the scam seem more legitimate.

Interestingly, there are no right or wrong answers here. Regardless of which answers you end up picking, you will be offered the gift card once all is said and done. Users are then asked to pay a small postage fee so that they can receive the gift card, and that is where the scam starts to become apparent. The amount is neglible, with just £2 to £5 being requested, and the currency changes based on the user’s country of origin.

Of course, the whole point of this scam is to get thousands of users to give a few dollars each. The scammers won’t have to provide anything in return, and the amount is so small that many users might just forget about it or avoid dealing with it.

Users need to be educated about these scams. Shein will definitely want to take a look at this, since it can wreak havoc with their brand image.

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by Zia Muhammad via Digital Information World