ChatGPT: A Doomer's Perspective
Shivang Kalsi 21111549_School of Business & Management

ChatGPT: A Doomer's Perspective



ChatGPT can be perceived as a trained transformer, a versatile virtual assistant that reflects real-life conversations and provides a plethora of services. From writing codes to research papers, it is the student's ultimate guide to easily cracking the education system. With capabilities like remembering conversations and modifying the data according to the user's need, ChatGPT’s features include assisting humans to go above and beyond in their work. With virtually no limitations, it is able to write codes for ethical and unethical hacking and provide write-ups for multifarious purposes. This article is an exploration of the possibility of creating a more profound pay gap and aggrandizing the egotistical and uncharitable of capitalism.?

With that being acknowledged within just a few months of its launch, the unbelievable new viability and complexity of ChatGPT’s powers are now improved as it can be trained to fine-tune itself and imitate any person living or dead. Not only the "plugins" feature can automate tasks but also perform clerk-level tasks. A case in point is being made for social media and writing interns. Now with the AI revolution, it can create a social media post after studying an account and post automatically after approval. With unlimited creativity and no remuneration to be given, ChatGPT works for a firm for free. This eliminates the need for any intern or entry-level job in social media management. This is a minor example and is majorly applied in data science, where entry-level coders have already lost their jobs to ChatGPT. Thus, your average “doomer” isn’t wrong when they comment or are strongly opinionated on the advancing non-neutrality and harshness of the new web world.

As mentioned initially, this article doesn't just explore the doomsday where AI takes up your jobs. Instead, it explores the possibility profound pay gap and evils in capitalism. The primary evidence of this capitalism minimizing our disposable incomes is evident when discussing the most used/misused feature, i.e., writing working codes. If we take an example of an entry-level employee who uses ChatGPT to perfect his code and moonlights to start a passive income, he lacks experience. In contrast, as he has the knowledge, his manager can do the same thing and modify the code to suit his needs better and promptly.

What this process does is that it creates a divulge in the understanding of the code and its implications. With the advent of AutoGPT (a similar software that uses ChatGPT 4 to write codes without any prompt and can debug, develop, and deploy), the essential need for laborious coders gets dissimilated, and only an experienced person to work on the qualitative factors, and approval is required. This doesn't necessarily translate to the job being replaced by AI, but to reach that level of experience, you now don't even have a place to start. Because your work gets automated, your compensation reduces while your skillset enhances, as you now must learn the dimensions and dynamics of AI and ChatGPT. Here, we reach a point known as the technological singularity, which expedites building anything. In simple terms, it means that the code itself builds other codes.

Technology is building new technology, modifying, redeveloping, and deploying faster than any human can comprehend. This creates a demand for managers and coders that know how to run an organization rather than having a specific niche.

Encompassing everything that we know, there are no limits to its malicious use. It enables anyone to build anything "web" with plain text commands. The unplumbed snag this creates is that it defies the concept of niche and creativity because now firms only need managers with a good understanding of code and how to create demand for their product/service. Essentially, the demand for web developers applauded for their creativity and appalled by their business knowledge becomes obsolete, thus, widening the pay gap between freshers and those with ten years of experience.

Climbing the corporate ladder becomes even more difficult because your skill is credited to AI, and your creativity dies as you perform tasks with only one objective: to create profits for the firm and somehow be a differentiator compared to your peers doing the same job. While differentiation is a point that can be debated upon with the current corporate scenario, one can still acquire new skills and add value.

Notwithstanding, this point your new skills won't be valued in the current future because the firm's inherently capitalistic nature becomes overpowered, and now that their costs are reduced and profits maximized, they do not care about creativity but only productivity which gets fulfilled by AI and experienced personnel rather than a fresher with multiple skills and a fresh attitude. What ChatGPT now does is enhance the manager's core skill and inflates the supply of operations and personnel management while decreasing the demand for workers. As proven by multiple CEOs and Entrepreneurs, the world runs on people hired in inefficient roles. The top 1% become more skilled and better while the rest become redundant because the Top 1%, who are now the leaders in the organization, automate the tasks according to their needs and enrapture the compensation their junior is supposed to obtain. Now the corporate world has become the sports world, where only those who are the best get hired.

There are more than 2 million registered cricket players in India, but only 22 make it to the team. The same comparison is drawn now for corporate workers, but the reserve number is significantly greater than 2 million. The optimistic can have the opinion that the mediocre will have new avenues but will the incomes increase? With this revolution, even though society will achieve equality at some point, the existing equity (if any) will wither away like a deceased's remains in the river Ganga.

While we have some time before humanoid robots become deeply integrated into our lives, we have to question ourselves as to how long capitalism will work against our collective interests? While socialism isn't the next viable option, the question remains…

WHEN SHOULD WE INTERVENE WITH ADVANCEMENT FOR SUSTAINABLE ECONOMIC?DEVELOPMENT?



Start of a new era: ChatGPT The latest development and buzz around ChatGPT have caused it to go viral in the world of generative Artificial Intelligence (AI) since Open AI released the text-based artificial intelligence tool in November 2022. The new language-processing AI has attracted billion of dollars in funding from tech investors. It is a prototype dialogue-based AI chat capable of understanding natural human language and generating impressively detailed human-like text. ChatGPT has quickly become a sensation, with artists, writers, scientists, traders, programmers, and even travelers all experimenting with it. From generating unique content to providing valuable insights and predictions, the AI chatbot is proving to be a tool for anyone looking to take their creativity and productivity to the next level. To read more... https://vichaardhara.co.in/index.php/2023/04/08/start-of-a-new-era-chatgpt/

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