The OECD has said mass adoption of generative AI in the workplace will trigger a wave of job losses and ethical issues, as it warned the world’s richest economies to prepare for upheaval in their labour markets.
The rapid development in generative AI, which is able to perform complex written work at an increasingly low cost, combined with the ease of adopting these new technologies “suggest that OECD economies may be on the cusp of an AI revolution which could fundamentally change the workplace,” the Paris-based organisation said on Tuesday.
The OECD is the latest economic outfit to warn of the disruptive impact of technologies such as ChatGPT, saying in its employment report that potential benefits, such as higher job satisfaction and productivity gains, had to be weighed against negative effects — particularly for traditionally highly-skilled occupations.