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. Finance companies also face a potential decrease in jobs, with 22% of them considering the same action. Interestingly, while 23% of tech workers...

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...

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,...

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