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WSJ Tech News Briefing

Bosses Are Trying to Learn Exactly What AI Can Do

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 26 June 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

Many executives are talking a visionary game about the promises of generative artificial intelligence, while still trying to learn exactly what it can do. WSJ reporter Ray A. Smith tells host Zoe Thomas how company leaders are coping with the AI transition. Plus, think AI doesn’t kill jobs? Tell that to freelancers. We’ll have the data on how the tech is impacting this group of workers. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

O. C.I. is the single platform for your infrastructure, database, application development, and AI needs.

0:06.0

Do more and spend less like Uber 8 by 8 and Databrics Mosaic.

0:11.0

Take a free test drive of OCI at oracle.com

0:14.4

slash Wall Street.

0:19.4

Welcome to Tech News Briefing. It's Wednesday, June 26th.

0:23.2

I'm Zoe Thomas for the Wall Street Journal.

0:26.3

Generative artificial intelligence tools are changing work.

0:30.1

CEOs, middle managers, junior employees, freelancers, everyone seems to be feeling it.

0:36.0

Now there is data to support what many have been saying about AI's impact on work.

0:42.0

Today we'll explain how two groups in particular,

0:44.8

executives and freelancers are experiencing the change.

0:48.1

We're starting with freelancers who represent an increasing proportion of the workforce.

0:56.0

One study by Upwork found 38% of Americans did some kind of freelance work in 2022.

1:04.0

For those jobs, it's sometimes the case that the bulk of what a person is paid to do

1:08.7

is precisely the tasks that can be automated, though some freelancers have benefited from AI's rapid rise.

1:15.7

Here to tell us more about the winners and losers in the freelance space is our tech columnist

1:20.1

Christopher Mins.

1:21.7

So Christopher, a lot of people have shared stories saying a company chose to use AI instead

1:26.8

of maybe hiring them to do copywriting or coding.

1:30.7

What numbers do we have now to back up these claims?

1:34.0

So researchers all over the world,

1:36.0

China and the US and the UK,

...

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