Will Generative AI Like ChatGPT Replace Your Job?
Money For the Rest of Us
J. David Stein
4.5 • 1.4K Ratings
🗓️ 18 January 2023
⏱️ 26 minutes
🔗️ Recording | iTunes | RSS
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Summary
How sophisticated AI apps from OpenAI and other companies create articles, art, and other works that have never existed. How generative AI will impact business owners, employees, students, and financial markets.
Topics include:
- How AI is creating personal finance articles and other creative works
- ChatGPT's attempt at writing a script for the Money For the Rest of Us podcast
- How ChatGPT and other large language models work
- What are the risks and flaws of generative AI
- How can we adapt and take advantage of generative AI
For more information on this episode click here.
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Show Notes
We Are Here To Create: A Conversation with Kai-Fu Lee—Edge
CNET Is Quietly Publishing Entire Articles Generated by AI by Frank Landymore—Futurism
Should You Break a CD Early for a Better Rate by AI engine and edited by Jaclyn DeJohn—CNET
NerdWallet, Inc. Q3 2022 Earnings Call—NerdWallet
The Backstory of ChatGPT Creator OpenAI by Berber Jin and Miles Kruppa—The Wall Street Journal
GPT-3.5 + ChatGPT: An illustrated overview by Alan D. Thompson—Life Architect
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
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| 0:00.0 | Walk on the money for the rest of us, this is a personal financial show on money, how |
| 0:05.4 | it works, how to invest it, and how to live without worrying about it. |
| 0:10.5 | I'm your host David Stein, today is episode 417, it's titled, Will Generative AI Take |
| 0:16.8 | Over Your Job? |
| 0:19.6 | Almost eight years ago in September 2015, we released episode 72, Will a Robot Take Over |
| 0:25.9 | Your Job. |
| 0:26.9 | It concluded that computers and robots will eventually be able to do everything. |
| 0:31.8 | But as humans, we can decide what we are willing to let robots do and what we want humans |
| 0:38.5 | to do. |
| 0:40.0 | Two years later in December 2017, we revisited the topic in episode 184, Massive job losses |
| 0:47.6 | are inevitable, but there will still be work. |
| 0:51.2 | We discussed how automation and technology, including robots, has always led to massive |
| 0:56.9 | job losses. |
| 0:58.1 | But the increases in efficiency and productivity lead to higher overall average incomes that |
| 1:04.3 | can be spent on goods and services, and that spending those higher incomes create more |
| 1:11.0 | jobs. |
| 1:12.0 | Now that's not to suggest that some individuals are impacted, they lose their work due |
| 1:18.0 | to automation, and maybe aren't able to get back on their feet. |
| 1:22.0 | But across the entire economy, higher incomes, due to increased efficiency and productivity, |
| 1:27.9 | creates more jobs. |
| 1:28.9 | We can think about the jobs in travel-related industries. |
| 1:32.5 | Or consider how many more coaches, counselors, therapists, psychologists there are as people |
... |
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