Artificial intelligence becoming a threat to middle-class workers

Artificial intelligence becoming a threat to middle-class workers

There is currently a debate about whether artificial intelligence (AI) will replace workers in the future. Some argue that it displaces people, while others say the opposite.

But the new AI technology that is being developed every day has started to challenge middle class workers more than other workers. With the development of technology, areas with very low incomes were displaced by areas with higher incomes.

But with the development of AI, something is different this time. Policymakers know that, even in the best-case scenario, AI will cause major disruptions to the labor market. But if they think that this AI will take more time to develop, they will be delusional.

Because AI has come to us and it has become normal. As the world continues to suffer from epidemics, high prices and wars, the development of machine learning and robotics is progressing rapidly.

AI is advancing as the fourth industrial revolution. Change will not happen overnight, but like the industrial revolution of the past, millions of workers will be affected in this revolution of AI.

Earlier, machines replaced manual work. It inspires people to learn a different kind of skill. But this is not suitable for immediate problem solving. This can affect the middle class workers badly.

'ChatGPT', which was recently published in the world of AI, shows that now there will be a creative battle between machines. ChatGPT is a machine that can write intelligently. Apart from being able to answer more complex questions, it has also surprised the world by passing various subject exams.

ChatGPT, which was launched by OpenAI in a research laboratory in San Francisco in November last year, got 100 million users within two months. While it took two years for Facebook to reach this number of users.

According to a report by Stanford University in California, the number of AI patents will increase by 30 times between 2015 and 2021. Robots are also becoming cheaper than before, and their demand in the market is also increasing.

History shows that technological change has been a significant challenge for policy makers. Each of the previous three industrial revolutions had the same initial effect: it reduced the number of jobs in the world economy, it increased inequality, and it led to a decline in income going to workers.

AI is also signaling to bring about exactly the same changes. The owners of the new machine will earn a large amount of money from their invention. Capital will see its share of income rise at the expense of labour. Although some sectors of the economy will be vacant, employment will increase in other sectors.

The difference this time is that middle-class jobs will be most at risk. While most of the jobs created may be low paying.

There are ways to solve some of these problems. Governments can invest more in education and training, so that workers have the skills they need to earn a better living. So that they can find ways to benefit from the new technology. Therefore, policy makers need to work with caution and speed.