Generative AI, which is a type of artificial intelligence that can produce or create new content, has already started to impact the workplace in various ways. On the positive side, it can automate repetitive and time-consuming tasks, leading to increased efficiency and productivity. For example, it can assist with data entry, customer service, and content creation. Additionally, it can help businesses to analyze and make sense of large amounts of data, leading to better decision-making.

However, the rise of generative AI also raises concerns about its impact on labor and employment. It is predicted that many jobs that involve routine tasks, such as data entry, customer service, and content creation, could be replaced by AI systems in the future. This means that some workers may need to reskill and transition into new roles to stay relevant in the job market.

Furthermore, generative AI has the potential to create new jobs that did not exist before. For example, it could lead to the creation of new job roles that involve working with and managing AI systems. However, it is unclear whether these new jobs will be enough to offset the job losses that may occur due to automation.

Overall, the impact of generative AI on labor and employment is complex and multifaceted. While it can bring about positive changes, it also poses challenges for workers and businesses.

Click here to read the full Littler Report.