26 Percent of European Software & Tech Firms to Cut Jobs Due to Generative AI With ChatGPT

26% of European Software And Tech Firms to Cut Jobs Due to Generative AI With ChatGPT According to a survey conducted by Sortlist Data Hub, it has been found that 26% of European software and tech companies are planning to reduce their workforce due to the emergence of ChatGPT and ChatGPT-based apps. Right-skilling for the AI-powered economy is therefor key to secure the future of your work and income, whatever career change to want to make or...

What Is An API?

What Is An API? An API, or Application Programming Interface, is a set of rules and specifications that define how software components should interact with each other. APIs are used to allow different pieces of software to communicate with each other and share data. APIs are everywhere in the modern world. APIs also play an important role in implementing AI across every aspect of the organisation. To integrate systems and automate tasks using...

New management eBook – AI-Driven Productivity Hacks – A Guide for Managers, Employees & HR Professionals

New management eBook: AI-Driven Productivity Hacks - A Guide for Managers, Employees & HR Professionals. Unleash AI in the workplace. Packed with practical tips, case studies & AI productivity hacks, This new on-demand eBook will revolutionize your productivity using AI. More: The Great AI-Layoff, ChatGPT and the future of work & Book AI speaker Tony de Bree What is included in the 'AI-Driven ' package?  A 59-pages...

26% of European Tech Firms to Cut Jobs Due to Generative AI With ChatGPT

26% of European Tech Firms to Cut Jobs Due to Generative AI With ChatGPT According to a survey conducted by Sortlist Data Hub, it has been found that 26% of European software and tech companies are planning to reduce their workforce due to the emergence of ChatGPT and ChatGPT-based apps. Finance companies also face a potential decrease in jobs, with 22% of them considering the same action. Interestingly, while 23% of tech workers perceive...

According to Goldman Sachs, 300 million jobs are ‘at risk’ due to the latest AI wave, including because of ChatGPT

Approximately 300 million full-time jobs worldwide could be automated in some way by the latest wave of artificial intelligence, of generative AI, that platforms such as ChatGPT have brought about, according to economists from Goldman Sachs. They predicted in a report on March 29, 2023 that 18% of work worldwide could be automated, with the effects being felt more deeply in advanced economies than in emerging markets. This is partly because...

Introducing The Great AI-Layoff: Unlocking New Opportunities For the Future of Work

Introducing The Great AI Layoff: Unlocking New Opportunities in the Future of Work. Since the second half of 2022 and the launch of ChatGPT, a transformative trend has emerged in labour markets offline and online worldwide: The Great AI Layoff. But instead of fearing this shift, let's explore the substantial benefits and outcomes it can bring when we approach it with the right mindset and with a focus on right-skilling for he AI-powered...

ChatGPT And The Job Market: 51 Percent of Employers Planning To Cut Jobs Will Do So In Marketing

ChatGPT and the job market: 51 percent of employers planning to cut jobs will do so in marketing On a departmental level, employees in product management and customer service departments are 2x more likely to worry about their jobs than marketers… but marketers’ skill set is the one most at risk in the job market. Although employers may look into ChatGPT consulting services before making their final decisions, according to recent research,...

Employees In The Finance Industry Do Not See ChatGPT As a Threat, Although They Should

Employees in the Finance Industry do not see ChatGPT as a threat, although they should. Finance is the second-biggest industry after marketing where employees and employers have differing views on how the ChatGPT technology will reduce headcount. Employees in the finance industry do not see ChatGPT as a threat, although they should. This study shows that only 14% of employees in the finance sector fear that ChatGPT will be used to reduce...

What is DALL-E?

What is DALL-E? Generative AI is booming online and DALL-E/DALLE-E-2 and later versions are playing an important role in that. What is DALL-E and how can you use it? DALL-E (or DALL-E 2) is a large language model (LLM) created by OpenAI that can generate realistic images from text prompts. The name DALL-E is a 'portmanteau' of Salvador Dalí and WALL-E, the Pixar robot. DALL-E works by taking a text prompt and using a generative pre-trained...

AI Transformation – What Is It?

AI Transformation - What It Is? AI Transformation is key for corporates, startups and scaleups to future-proof their organizations in the new AI driven digital economy. What is Ai Transformation? "AI transformation is the process of driving digital transformation through Artificial Intelligence to integrate AI into all areas of a business and the organization and to change the way how your company is value for and with your customers fast and...

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