What happened: Accenture estimates that large language models could impact up to 40% of all working hours, given that language tasks consume around 62% of employees' time.
Why it matters: While the risks of job loss are hard to ignore, Accenture believes that human employees can benefit from the expertise of Ai-powered machines. Job tasks can be "transformed into more productive activity through augmentation and automation," the company writes in its latest report, "A new era of generative AI for everyone."
By the numbers: Accenture estimates that 65% of all language-related duties at jobs have a "high potential" to be automated or augmented by large language models such as ChatGPT. In particular, the banking, insurance, and software industries have the most job duties with a higher likelihood of automation.
The big picture: Since generative AI is already reshaping many workplaces, Accenture says success requires the same attention on AI technology as upskilling and training employees. This means developing talent in areas like AI engineering and training the whole workforce to use AI effectively.
