Good morning.
In 2017, I wrote a post on the need to retrain millions of Americans for the coming wave of technological change, calling it: “The challenge of our times.” That was before ChatGPT. If it was a challenge then, it is more so now.
The folks at McKinsey Global Institute, whose study prompted my post in 2017, have attempted to attach some new numbers to the change. Generative A.I., they write in a new report out this morning, can be used “to write code, design products, create marketing content and strategies, streamline operations, analyze documents, provide customer service, and even accelerate scientific discovery.” Before generative A.I., their research estimated automation could take over tasks accounting for 21.5% of the hours worked in the U.S. economy by 2030. With the new technology, that number jumps to 29.5%.
