The Impact of AI on Jobs
So who says artificial intelligence isn’t going to take over jobs? There’s an example, another one, we’ve seen many of them where a company got rid of their 60-count employees’ staff and the writing department replaced the whole thing with AI. Think about how much that saves them. If you have a writing staff that, let’s say, a writer, even if they make $50,000 a year, $50,000 a year, 60 people, that’s $3 million in payroll, $3 million in payroll every year.
Cost Savings with AI
How much does the AI cost? Even if the AI costs a couple hundred grand a year in platform fees or programming fees, it still saves you 90 plus percent, 95% of your cost, even if the output isn’t as great. Think of all the money you save in 10 years; you save $30 million in your company. Doesn’t matter what industry you’re in, AI is going to affect you one way or another.
The Future of Employment with AI
Now, who’s going to make the money with this? If you know how to manage AI and run AI, you could be in good shape as an employee. If you’re a company that can use AI, you’ll be in better shape because if this company that fired their writing staff, I don’t even know what they do if they competitor, you will be back in your reading in just a few seconds.
Strategic Advantages of AI
Who keeps all their people that cost them 3 million a year? Who’s going to be better off in the marketplace? This company can maybe save that three million and do some acquisitions. They can increase their business, they can expand, they can buy new equipment, whatever they do.
AI and Business Relations
So AI can affect things one way or another. If you are a vendor, you want to know if your clients you do business with are using AI. Is it going to replace you or is it going to get more business for you? If you’re a client that deals with a customer that uses AI, is that going to make your life better? Is it going to be cheaper, going to be a worse product?
Preparing for the AI Revolution
Doesn’t matter what position you’re in, you want to know what position you’re going to be in after AI takes over. And even if you’re not a technical person, knowing a little bit about it is good. You don’t have to be a tech person to use AI. That’s the whole point of AI, it can be used by private people. So start messing around with GPT or any of these other platforms to see what it can do. Even if you’re not going to use it in your business, at least it might make your life easier or let you understand how it might affect your career.
