How LLMs Will Impact Your Job (And How to Stay Ahead) - podcast episode cover

How LLMs Will Impact Your Job (And How to Stay Ahead)

Feb 11, 202513 minSeason 2Ep. 9
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Episode description

Here's an overview of the impact of LLMs on human work, which is complex and varied across different job categories...

Transcript

The impact of LLMs on human work is complex and varied across different job categories. Right now, we think LLMs are most likely to automate or significantly augment tasks that are routine, repetitive, and text or image recognition and in- interpretation based. In creative, analytical and specialized professional services, LLMs are still more likely to assist predominantly human-led tasks rather than replace them.

We also see a natural progression as we scale foundation model's capabilities and improve LLM pipeline's reliability.

We progress from unreliable intern assistants that can help with some one-off tasks and data processing but need lots of clear instructions and lots of extra time checking final results to useful copilots which can assist us as we work and increase our productivity, to agents that can be set to perform relatively complex tasks for hours or days at a time but still need instructions and checking, and finally to fully automated workflows.

Some of these come earlier depending on the reliability threshold of the task and its suitability to the capability of the current LLMs. At the moment, most LLMs applications are in the first or second category. but agent-based systems are more and more popular and improve daily. This will be the biggest shift from a tool to a complete entity, but also the most complex shift to achieve.

As LLM technology continues to advance, it's important for workers across all sectors to adapt and develop skills that complement AI capabilities. This includes focusing on human traits such as creativity, critical thinking, emotional intelligence, and complex problem solving.

And by the way, that doesn't mean AI can't help with these skills. It certainly already can, as we will see in the course. As workers' jobs begin to change rapidly, it will be essential to invest in reskilling and upskilling programs to help workers adapt to changing job requirements, just like leveraging computers and Excel rather than paper tables. Humans will have to learn how to use AI, understand its ever-evolving strengths and weaknesses, and think through

how to adapt their workflows to make use of AI capabilities. We think AI-driven job losses are likely in some sectors where AI boosts worker productivity in some workflows of products that are still supply or demand limited. However, we think it is more likely you will be replaced by somebody else who has taken time to learn how to use AI effectively than you are to be replaced by AI directly, at least in the foreseeable future.

The future of work will involve a collaborative relationship between human and AI. with LLMs handling routine tasks and augmenting human capabilities in more complex areas. So here are some of our thoughts on how different categories of human work could be impacted. Knowledge work and information processing LLMs are particularly well suited for tasks involving information processing, analysis and synthesis. Their impact in this area is likely to be substantial.

LLMs can quickly process vast amounts of information, identify patterns and generate summaries. They are likely to significantly enhance the efficiency of researchers, analysts and journalists. And talking from my own experience, I can confirm it does provide incredible help to my research and writing which we have practical examples later in the following videos writing tasks such as drafting reports articles and marketing copy can be incredibly aided by LLMs when in the right way.

While human creativity, nuance, style and error checking remain crucial, LLMs can assist with ideation, structuring and generating initial drafts. We have a whole dedicated video coming on this. a large portion of customer inquiries reducing the need for human customer service representatives especially for routing queries just keep in mind that it won't replace all of them but it certainly helps with easier

safer queries. The impact of LLMs on creative tasks is likely to be more assistive. Text-to-image models can assist in generating visual concepts, but human artists will remain crucial for original artistic vision and execution. We still need a good designer eye, but AI helps do much better both for artists to scale up production or creativity and for us non-talented people to produce something that is nice to see.

LLMs can now even aid in generating melodies, lyrics or hall signs. But human musicians will still be essential for creating emotionally resonant, culturally significant and live music. Still, if you are looking for a background song for a video or elevator, it can be a nice and cheap option. LLMs can significantly augment technical work but are less likely to replace humans in these areas fully.

For programming and software development, LLMs can assist with code generation, debugging and documenting. Cursor or even just ChatGPT are incredible examples of this. Still, complex problem solving, system design, and ensuring code quality will require human expertise. LLMs can help with legal work, from research and contract analysis to drafting simple legal documents. However, interpreting complex laws, developing legal strategies, and representing clients in court will remain human.

You don't want an AI to hallucinate cases or fake proofs. LLMs can easily assist with financial duties like data analysis, report generation, and risk assessment. They can help in claims processing, policy analysis, and customer interaction. Lastly, while LLMs can assist in analyzing medical data and suggesting potential diagnosis,

final decision-making and patient care will still rely heavily on human medical professionals. For example, in my PhD, I was using AI to help diagnose multiple sclerosis by training an algorithm to detect early lesions in brain MRIs, which we then sent to expert radiologists to confirm the diagnosis. Nothing was fully automated, but it helped save a lot of time for radiologists to flag relevant information.

a lot of processes is currently being made on humanoid robots and in many cases are now integrating nlms and transformer models into the architecture most are still a bit away from commercialization and manufacturing capacity we also be a bottleneck to adoption when they are ready.

For now, LLMs have limited direct impact on physical tasks, but they can indirectly affect these jobs. LLMs can assist in process optimization, inventory management, and robotic control systems. However, many physical tasks will still require human workers because of inconsistencies or expensive sensors and hardware systems.

While LLMs can optimize routes and schedules as in Google Maps, the physical act of driving and operating vehicles will require either human operators or predominantly non-LM-based AI technology for self-driving cars. The main blocker here is regulation and ethical concerns, but not really the technology, though it isn't fully perfect. LLMs are less likely to replace human managers, but can assist in various ways. They can analyze data and provide

insights to aid decision-making processes. They can help in task allocation, scheduling and progress tracking. They can assist in analyzing employee performance, data, and suggesting improvements. They can automate and help streamline many of these tasks. Moreover, a great manager can now do much more than they used to be able to do by leveraging LLMs as another type of employee they are managing.

Giving clear directions and goals, one can leverage a powerful model like GPT-01 to do some quite complex tasks almost on its own. LLMs have significant potential to augment educational processes. They can provide tailored explanations and practice exercises for students. They can assist educators in developing course materials and assessments. They can provide 24-7 personalized tutoring support, remembering past conversations and learning

styles. Although human teachers will remain crucial for deeper understanding and socio-emotional development, teachers can facilitate their lives by leveraging these powerful tools. LLMs are particularly effective at automating routine and repetitive language tasks, like those involving routine data entry, or roles such as credit authorizers, checkers, and clerks that may see a significant portion of their tasks automated through the

use of intelligent systems where hardware and price is often the limiting factor. The rise of LLMs is also creating new job categories and opportunities. There will be a growing need for professionals to develop, fine-tune and maintain LLMs, whether they AI engineers, LLM developers, ML engineers or others. Specialists who can effectively design prompts and end systems to optimize LLM performance. Experts ensure that LLMs produce ethical and unbiased content.

While it may seem like many of our jobs can be augmented or automated, it doesn't mean AI will replace us. It simply means we can do better. A recent study compared a firm not adopting any AI versus another adopting and fully using AI for commercial product orientation. They found that the first one will have a 6% probability of job loss in the next 3 years, while the AI first one will have an employment positive prospect increased to 16%. The rise of Generative AI is transforming

industries, nations, and individuals, presenting both vast opportunities and significant challenges. The key question is, how do we harness AI's potential while addressing its risks? across the value chain, developing energy-efficient chips, advancing cloud infrastructure, and funding innovative AI applications. Governments and private sectors must collaborate, combining research incentives with policies that fuel innovation.

and competition. AI adoption will require major changes to the skill set that workers need, which is the goal of this course. From universities to online platforms, education must adapt to prepare an AI-enabled one. workforce. Blocking tools like ChatGPT isn't a solution. embracing and integrating them is upskilling existing workers and rethinking how we teach future generations is essential and of course policymakers and technologists must ensure fairness transparency and privacy

While avoiding overly burdensome regulations, that's TEFL innovation. The challenge lies in creating frameworks that balance responsible AI use with fostering competition across organizations of all sizes.

In conclusion, the integration of LLMs into the workforce represents a transformative shift across industries with significant potential to enhance productivity, creativity, and decision-making. Their current capabilities are particularly impactful in routine, repetitive, and information-intensive tasks, while human strength such as creativity, critical thinking, and emotional intelligence remain indispensable.

As LLM technology progresses, it will likely transition from assistive roles to more autonomous functions, making it essential for workers to adapt and learn to collaborate effectively with AI. The emergence of new roles in AI development, prompt engineering and ethics highlights opportunities for growth in the AI-driven job landscape.

To thrive in this evolving environment, individuals and organizations must prioritize reskilling and upskilling efforts, focusing on complementary human AI workflows. The future of work is not about humans versus humans. AI, but about forging a collaborative partnership that leverages the strength of both. Preparing for this shift will be key to unlock the full potential of LLMs in the years to come, and we are here to help you do that.

This transcript was generated by Metacast using AI and may contain inaccuracies. Learn more about transcripts.