Generative AI is poised to impact labour markets significantly while enhancing creativity and automating routine tasks for future jobs, a new study paper said on Monday.
Releasing the white paper on how AI (artificial intelligence) will affect the jobs of tomorrow, the World Economic Forum said businesses and governments must take proactive steps to prepare for the effects of AI in the workforce, including creating an adaptable workforce and implementing systems that facilitate job transitions.
Jobs most at risk of disruption are those that involve routine and repetitive language tasks; jobs with a high degree of personal interaction or physical movement will be least affected, the WEF said.
The white paper found that Large Language Models (LLMs) could be a boon for jobs that require critical thinking, complex problem-solving skills and creativity, including those in engineering, mathematics and scientific analysis.
LLMs are deep learning algorithms that can perform a variety of natural language processing tasks. They use transformer models and are trained using large massive datasets.
These tools could benefit workers by increasing the productivity of routine tasks and making their roles more rewarding and focused on a higher added value, the WEF said.
According to the WEF analysis, which examined more than 19,000 distinct tasks across 867 different