AI's Unpredictable Tide: Harness Personal Skills for Tomorrow
Good morning!
OpenAI's DEVDAY on Monday brought plenty of updates, and you've likely caught wind from various sources. After all, tech isn't our main focus.
Today we're looking at:
Morgan Stanley acknowledges that while AI has a significant future impact on work, predicting it accurately seems premature. So, what should you do now? How can you ensure AI solves real business problems and creates value?
What steps can you take to safeguard a lucrative career? How AI becomes an integral part of our daily life?
Plus a new section featuring three AI tools on work. Let's get started!
A THOUGHT to PONDER
The role of generative AI in reshaping work is clear and significant, yet predicting its specific changes to our work life is somewhat premature. While it's set to augment or automate tasks, the extent of job displacement is hard to gauge.
A recent AlphaWise survey indicates companies are grappling with generative AI's legal and regulatory challenges, with most action expected in 2024-2025, leaving many in a wait-and-see stance amidst potential risks.
A proactive shift in hiring, valuing skills over traditional credentials, is likely as AI replaces certain jobs. For professionals, waiting on the sidelines could mean a disadvantage; it's crucial to prepare a buffer by reskilling or differentiating oneself now. [Morgan Stanley]
ACT NOW!
BUSINESS
Maximize Your Finances: AI's Role in Business Accounting
AI can streamline finance tasks, but real benefits come when it solves specific problems. TechHQ advises auditing AI solutions for actual business needs to ensure they add value. [Tech HQ]
ChatGPT Experiment Reveals AI's Potential and Limits
BCG's experiment with ChatGPT shows generative AI's strengths in specific tasks and the importance of human-AI collaboration to leverage AI's capabilities and manage its limitations. [Fortune]
Partnerships Essential for AI Scaling Success
Forbes highlights the importance of partnerships in scaling AI, where collaboration fills skill gaps and boosts innovation, crucial for realizing AI's multi-trillion-dollar potential. [Forbes]
CAREER
Secure High-Paying AI Jobs with These Steps
AI is booming, creating millions of jobs. Forbes outlines five steps to secure a high-paying role in AI, emphasizing the need for both technical knowledge and soft skills. [Forbes]
AI Transforms Engineering Management
Predictive AI aids engineering leaders by automating insightful performance reports, uncovering hidden patterns, and guiding improvements, impacting how teams are managed and performance is assessed. [TechCrunch]
AI Job Application Bots
AI bots like LazyApply automate job applications, enabling job seekers to apply to thousands of jobs overnight, potentially improving their interview chances through sheer volume. [Wired]
WELLBEING
AI Shapes Our Day: Wake to Work
AI transforms daily life by streamlining routines—unlocking phones with facial recognition, optimizing commutes, enhancing job searches, and securing homes. [The Guardian]
Addressing Black Workers' Fears
A study reveals Black workers' heightened fear of AI job displacement. Embracing AI and inclusive planning can mitigate these fears and protect their roles. [Business Insider]
AI Unlocks Animal Expressions
AI aids humans in understanding pets by translating complex animal expressions into recognizable cues, enhancing animal welfare and deepening our biological and psychological insights. [The Guardian]
NEED to KNOW
READING
Why Are We So Afraid of an AI Apocalypse? [Psychology Today]
The Future of AI is Now. [UC San Diego]
What you need to know about landing a tech job on Wall Street now, from the hottest roles to the most important skills. [Business Insider] / Read the summary on X
Do you trust AI to write the news? It already is – and not without issues. [The Conversations]
Interviews with Ilya Sutskever, the AI scientist shaping the world. [The Guardian] / [Watch at Youtube]