ChatGPT is just the latest technology to fuel worries that it will wipe out the jobs of millions of workers, whether advertising copywriters, Wall Street traders, salespeople, writers of basic computer code or journalists. But while many workforce experts say the fears that ChatGPT and other artificial intelligence (AI) technologies will cause unemployment to skyrocket are overblown, they point to another fear about AI: that it will widen the US's already huge income and wealth inequality by creating a new wave of billionaire tech barons at the same time that it pushes many workers out of better paid jobs. Like many revolutionary technologies before it, AI is likely to eliminate jobs. But, as has been the case in the past, experts argue, AI will likely offset much of that by spurring the creation of new jobs in addition to enhancing many existing jobs. The big question is: what sort of jobs?

OpenAI's popular chatbot, ChatGPT, has been used to perform multiple tasks since its launch last November. This includes writing, helping students copy, and making children's books. Powerful chatbots with the fastest-growing user base are expected to displace many jobs. According to Business Insider, once a chatbot is interviewed by a company, Google can hire it at an entry-level level of code. Amazon employees who tested ChatGPT also spoke highly of the chatbot.

That's because AI is able to read, write, and understand text-based data well, she added. "Analyzing and interpreting vast amounts of language based data and information is a skill that you'd expect generative AI technologies to ramp up on," Madgavkar said. Economist Paul Krugman said in a New York Times op-ed that ChatGPT may be able to do tasks like reporting and writing "more efficiently than humans." The media industry is already beginning to experiment with AI-generated content. Tech news site CNET used an AI tool similar to ChatGPT to write dozens of articles -- though the publisher has had to issue a number of corrections -- and BuzzFeed announced that it will use tech from the ChatGPT maker to generate new forms of content.

Graybeards may remember the thrill they felt when pencil-laden math calculations moved warp speed ahead into the calculator age. These days, artificial intelligence (AI) promises to bring the same heat to agriculture that it did to math classes decades ago. Artificial intelligence is a technology that includes several subsets such as machine learning, says Rania Khalaf, Inari chief information and data officer. "Machine learning enables computers to mathematically predict outcomes or make classifications by finding patterns in large amounts of data," she says. "It then learns to update these patterns or classifications over time as it sees new data."

It is always fun to look at the widening expansion of sectors that are being helped by artificial intelligence (AI). Farming has regularly used technology to improve yields. In recent years, global warming has made it more important to manage water resources through improved irrigation. Now the agriculture industry is looking at adopting AI in many ways. One of those methods is to analyze crops to better manage yield.

Intelligent machines are taking over thousands of jobs, and being qualified is no longer enough to keep your job. Earlier this year, consulting firm McKinsey and Co. released a study that said 51% of all jobs could be automated in the next 20 years. Even specialized professions like medicine, law and banking are feeling the heat of Artificial Intelligence (AI). A few months ago, investment bank JP Morgan made the news by introducing intelligent machines to review financial deals that once kept employees busy for thousands of hours. Diagnostics and other decision-making skills previously thought of as the exclusive preserve of human beings, will soon be better handled by machines.