AI Will Replace Nearly Five Million American Jobs: Challenger Gray Report

AI Will Replace Nearly Five Million American Jobs: Challenger Gray Report
A smartphone with a displayed ChatGPT logo is placed on a computer motherboard in this illustration taken on Feb. 23, 2023. Dado Ruvic/Reuters
Naveen Athrappully
Updated:
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With its current pace of development, artificial intelligence (AI) has the potential to replace millions of jobs rather than simply automating specific tasks, according to an executive coaching firm, with the report coming out amid a tightening of the labor market.

Chicago-based Challenger Gray asked OpenAI’s popular chatbot, “What jobs can ChatGPT replace?” to which the AI answered with a list. The firm took the list, acquired the numbers of people employed in the specific jobs from the U.S. Bureau of Labor Statistics, and added up the information to arrive at 4.8 million—reflecting the number of jobs potentially threatened by the expansion of AI. The details of the jobs were released by the firm on April 4. The job consists of work that is mostly repetitive and predictable. While some of the jobs were estimated to go down over the coming decade, other jobs were expected to increase the number of people working in the sector.

Naveen Athrappully
Naveen Athrappully
Author
Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
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