A new system called GPT-3 is shocking experts with its ability to use and understand language as well as human beings do
This artificial intelligence "can generate news articles that readers may have trouble distinguishing from human-written ones."
In my macroeconomics class, we talk about the types of unemployment. This AI might be one of them if it replaces human writers.
Structural-unemployment
caused by a mismatch between the skills of job seekers and the requirements of
available jobs. One example of this is when you are replaced by a machine.
Excerpts from the article:
"Word has been making its way out from the technology community: The world changed this summer with the rollout of an artificial intelligence system known as GPT-3. Its ability to interact in English and generate coherent writing have been startling hardened experts, who speak of “GPT-3 shock.”
Where typical AI systems are trained for specific tasks—classifying images, playing Go—GPT-3 can handle tasks it was never specifically trained for. Research released by its maker, San Francisco-based OpenAI, has found that GPT-3 can work out analogy questions from the old SAT with better results than the average college applicant. It can generate news articles that readers may have trouble distinguishing from human-written ones.
And it can do tasks its creators never thought about. Beta testers in recent weeks have found that it can complete a half-written investment memo, produce stories and letters written in the style of famous people, generate business ideas and even write certain kinds of software code based on a plain-English description of the desired software. OpenAI has announced that after the test period, GPT-3 will be released as a commercial product."
"If the price is right, there’s a good chance that GPT-3 will make major changes in our working lives. For a range of knowledge workers—news reporters, lawyers, coders and others—the introduction of systems like GPT-3 will likely shift their activities from drafting to editing. On the plus side, the biggest barrier to getting work done, the tyranny of the blank paper or the blank screen, may become much rarer. It’s simple enough just to keep clicking GPT-3’s “generate” button until something halfway usable appears."
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