Sunday, 7 May 2023

The Potential of Technology to Revolutionize Life in the Dayton Area

The Future of Work and Ethics with ChatGPT

ChatGPT, the generative AI chatbot, has disrupted various aspects of life and work since its release last November. This conversational AI can respond to questions and synthesize answers, thanks to its ability to recognize patterns and predict outcomes. However, the rise in ChatGPT usage raises ethical concerns regarding artificial intelligence and machine learning in general.

What is AI?

The internet of things, machine learning, and blockchain are the three things that make artificial intelligence highly versatile and important in this day and age, according to Pablo Iannello, a professor of law and technology at the University of Dayton. ChatGPT uses large language models that draw data from billions of words and images on the internet, making it a strategic tool for various purposes.

The legal world also faces challenges with artificial intelligence as it has the potential to automate routine tasks of paralegals and other professionals in the legal sector. Furthermore, the development of laws and regulations that protect the humans that interact with AI tools poses a significant challenge.

Work

Reports show that about 80% of the US workforce could have at least 10% of their tasks impacted by AI while almost 20% of workers may see at least 50% of their tasks affected by AI. Although automation may lead to the creation of new jobs, it is clear that it will change the job landscape, causing wage declines that will affect various jobs, including white-collar ones.

Accounting

Although ChatGPT passed the bar exam last March, its latest iteration, GPT-4, cannot yet pass the exam to become a Certified Professional Accountant due to its lack of critical thinking and computing capabilities.

Editor Notes

AI has come a long way, substantially changing how we live and work. With its advancement, however, comes a fair share of ethical and practical challenges that we need to confront. At GPT News Room, you can keep informed about AI’s developments and potential implications.

Link: https://gptnewsroom.com

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