Will AI Take Your Job and Income? A Faith and Finance Take

Getting back to the real commissioner of jobs and skills Australia, earlier this year in April, there's a forecast of 600,000 jobs being lost to automation and artificial intelligence, which is about 4% of Australia's workforce, which is less than- than one in three.

And I'm not sure over what time period this is, and don't even know how the commission of jobs and skills Australia came up with this.

And what even are we referring to? We're referring to AI and what kind of jobs might go by the wayside.

What now? There seems to be a whole lot of, I'm fearing this, but no one obviously knows exactly what's going to go down.

It's true.

And it's early days, right? Like we've had some degree of artificial intelligence in our software systems and automation and processes for a while.

I think what's probably happened is it's come in front of everybody now and it's on their desktop, right? Like now that we're using the chat GPTs and the other systems, we're interacting with it or our workplace is now saying, let's use it.

So I think people are saying, oh, I can suddenly see this now.

And it might've done some data processing that would have taken a One person half a day did it in five minutes.

So businesses are all about productivity gains.

The government is talking about trying to make the country more productive.

There's a sense that, well, to get more productive, we may need to embrace AI.

And does embracing AI mean we need less people?

As we talk on this episode of Money, Faith and Finance about what AI will do to our job, and obviously that will have a big bearing on then the income that we earn, Pete, as we head down the track towards also asking you a bit more about any kind of practical steps that any of us can take in the roles that we have in your office.

How much are people coming in talking about AI concern or is there jubilation? What is the lie of the land with you?

Yeah, I think some people are concerned about it in their jobs, especially if they might have just had sort of a mid-level job where they maybe didn't think they were adding a lot of value or they weren't necessarily doing something specialised.

They're probably worried their job will be rationalised.

I'm noticing clients ask me questions where sometimes I can tell the prompts or the question itself is way more detailed than an email they would have typed.

So it's come from AI.

Have you

done the reverse thing where you put it back into one of the AI chatbots to see if that is the

problem? I did.

It wasn't the one I sent back to a client, but I put that into ChatGPT and said, okay, here's a question I've got.

What would the answer to the client be? And it was frightening, the answer.

It came out with a pretty coherent email.