An Early Look at the Labor Market Impact Potential of Large Language Model such as GPT by OpenAI

Recently, OpenAI, OpenResearch, and University of Pennsylvania published their studies about how the popular GPT and GPTs models will affect people’s jobs.

Here is the abstract of the paper:

We investigate the potential implications of Generative Pre-trained Transformer (GPT) models and
related technologies on the U.S. labor market. Using a new rubric, we assess occupations based on their
correspondence with GPT capabilities, incorporating both human expertise and classifications from GPT-4.
Our findings indicate that approximately 80% of the U.S. workforce could have at least 10% of their work
tasks affected by the introduction of GPTs, while around 19% of workers may see at least 50% of their
tasks impacted. The influence spans all wage levels, with higher-income jobs potentially facing greater
exposure. Notably, the impact is not limited to industries with higher recent productivity growth. We
conclude that Generative Pre-trained Transformers exhibit characteristics of general-purpose technologies
(GPTs), suggesting that as these models could have notable economic, social, and policy implications.

The link to the full paper is Here

Author: robot learner
Reprint policy: All articles in this blog are used except for special statements CC BY 4.0 reprint policy. If reproduced, please indicate source robot learner !