Lifeboat Foundation

The latest breakthroughs in artificial intelligence could lead to the automation of a quarter of the work done in the US and eurozone, according to research by Goldman Sachs.

The investment bank said on Monday that “generative” AI systems such as ChatGPT, which can create content that is indistinguishable from human output, could spark a productivity boom that would eventually raise annual global gross domestic product by 7 percent over a 10-year period.

But if the technology lived up to its promise, it would also bring “significant disruption” to the labor market, exposing the equivalent of 300 million full-time workers across big economies to automation, according to Joseph Briggs and Devesh Kodnani, the paper’s authors. Lawyers and administrative staff would be among those at greatest risk of becoming redundant.

A new study finds that AI tools could more quickly handle at least half of the tasks that auditors, interpreters and writers do now.

Researchers at OpenAI have worked out the potential exposure to AI different occupations face — and its impact is widespread.

If “junk” DNA goes toxic, does that suggest it had an original normal function? See the conclusion of this new paper, “Native functions of short tandem repeats” (emphasis added):

Historically, repetitive elements within human genomes have been viewed as mostly unregulated ‘junk DNA’ that is not under selective evolutionary pressure. As such expansions of these repetitive elements are unfortunate accidents which become apparent and important only when they elicit highly penetrant and syndromic human diseases. Consistent with this line of reasoning, the field of REDs [Repetitive Element Diseases] has largely focused on emergent toxic mechanisms as drivers of disease only in the setting of large STR [Short Tandem Repeats] expansions rather than considering their pathology as alterations in the native functions played by these repeats in their normal genomic contexts. Here, we propose re-framing the discussion around repetitive elements in general — and STRs in particular — within human genomes.

Presented by Intel.

Every day around the world, companies leverage artificial intelligence to accelerate scientific discovery, and transform consumer and business services. Regrettably, the employment of AI is not occurring evenly. McKinsey’s ‘The State of AI in 2022’ report documents that adoption of AI by organizations has stalled at 50%. AI leaders are pulling ahead of the pack. One reason is 53% of AI projects fail to get to production. As the benefits of AI to everyone are too great and the issues with AI being in the hands of only a few are too concerning, that it is an opportune time to survey the challenges of going from concept to deployment.

At a company that helps people find jobs, 2,200 employees will now have to embark on a job search of their own. Indeed laid off 15% of employees today, CEO Chris Hyams announced in an all-hands meeting.

In a blog post, Hyams elaborated on the decision by explaining that the job market is expected to continue to cool down. Indeed makes its money by allowing companies to sponsor job listings, which shows the listing to more job seekers. But Hyams said that as of last quarter, sponsored job volumes were down 33% year over year, and total job openings were down 3.5%.

“With future job openings at or below pre-pandemic levels, our organization is simply too big for what lies ahead,” Hyams wrote. “We have held out longer than many other companies, but the revenue trends are undeniable. So I have decided to act now.”

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The talk about AI taking our programming jobs is everywhere. There are articles being written, social media going crazy, and comments on seemingly every one of my YouTube videos. And when I made my video about ChatGPT, I had two particular comments that stuck out to me. One was that someone wished I had included my opinion about AI in that video, and the other was asking if AI will make programmers obsolete in 5 years. This video is to do just that. And after learning, researching, and using many different AI tools over the last many months (a video about those tools coming soon), well let’s just say I have many thoughts on this topic. What AI can do for programmers right now. How it’s looking to progress in the near future. And will it make programmers obsolete in the next 5 years? Enjoy!!

Continue reading “Coding won’t exist in 5 years? You might be right” »

O.o!I for one welcome our robot overlords:3.

The for-profit AI company argues that its products will automate a vast swath of Americans’ job tasks.

CNBC’s Deirdre Bosa reports breaking news on more Amazon layoffs.