ChatGPT era: almost a quarter of companies have replaced their workforce with AI technology
A Surprising Change Is Afoot, ResumeBuilder Study Says
On April 21, 2023 at 16:14 p.m., by Anthony16 comments
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A recent study reveals that a quarter of companies have replaced their workforce with ChatGPT technology. The survey of XNUMX companies revealed that almost half of them are already using tools based on artificial intelligence (AI).
With the emergence of ChatGPT in November 2022, the question of the impact of AI on employment is at the heart of the concerns. The publicly available AI chatbot has many capabilities, including answering questions, creating content, writing code, and more.
In February, ResumeBuilder.com surveyed 1 US business leaders to find out how many companies currently use or plan to use ChatGPT.
Main conclusions:
49% of companies currently use ChatGPT; 30% plan to do so
48% of businesses using ChatGPT say it has replaced workers.
25% of businesses using ChatGPT have already saved over $75.
93% of current users say they plan to expand their use of ChatGPT
90% of business leaders say ChatGPT experience is a beneficial skill for job seekers.
Half of companies use ChatGPT
According to the survey, 49% of companies say they currently use ChatGPT, and 93% of them say they plan to expand their use of the chatbot.
Additionally, 30% of companies say they intend to start using it, and 85% say they will within the next 6 months.
Businesses use ChatGPT to help with the recruiting process, writing code, and more.
Business owners report that their company uses ChatGPT in various ways.
Of the companies currently using ChatGPT, 66% use it to write code, while 58% use it for content writing/creation, 57% for customer support, and 52% for creating meeting summaries or of documents.
The majority of companies also use ChatGPT to help with recruiting: 77% say it helps them write job descriptions, 66% write interview requests, and 65% respond to candidates.
Overall, most business owners are impressed with ChatGPT's work. Fifty-five percent say the quality of work produced by ChatGPT is "excellent," while 34% rate it as "very good."
"There's a lot of excitement about using ChatGPT," says Stacie Haller, Senior Career Advisor.
"In the area of talent acquisition, the more mundane tasks like writing job descriptions, interview questions, and tracking candidates are already being replaced by ChatGPT. Writing code is another area where this technology can deliver results, while employees focus on more strategic initiatives"
"Just as technology has evolved and replaced workers over the past few decades, ChatGPT could impact the way we work. As with all new technologies, businesses' use of ChatGPT will continually evolve, and we don't we are only at the beginning."
1 in 2 companies have replaced workers with ChatGPT since last November
Forty-eight percent of companies have replaced workers with ChatGPT since it became available in November last year.
In the future, ChatGPT could lead to more layoffs according to business leaders. When asked if ChatGPT will lead to layoffs by the end of 2023, 33% of CEOs say "definitely," while 26% say "probably."
Within five years, 63% of business leaders say ChatGPT will "definitely" (32%) or "probably" (31%) lead to layoffs.
Business owners who have yet to start using ChatGPT but plan to do so are less likely to believe layoffs will follow. Only 9% say their company's use of ChatGPT will "definitely" lead to layoffs, while 19% think it "probably" will.
"As this new technology is only just taking hold in the workplace, workers certainly need to think about how it may affect their current job responsibilities," Haller says. "The results of this survey show that employers are looking to streamline certain job responsibilities by using ChatGPT."
1 in 4 businesses have already saved over $75 using ChatGPT
Businesses save money by using ChatGPT. Overall, 99% of businesses using ChatGPT say they have saved money.
Forty-eight percent of businesses saved more than $50, while 000% saved more than $11.
“The business model for using ChatGPT is also changing,” says Haller. “It will be interesting to see how this plays out in terms of cost savings and the reorganization of certain jobs within companies.”
9 out of 10 business leaders believe it is beneficial for job candidates to have experience with ChatGPT
It's possible that having experience with ChatGPT can help workers keep their jobs.
When evaluating job candidates, 92% of business leaders say having AI/chatbot experience is a plus, and 90% say it's beneficial if the candidate has a specific experience with ChatGPT.
“Companies already expect candidates to have experience with ChatGPT,” says Haller.
“Using this technology is definitely something employees and candidates will want to keep up to date. Job seekers should definitely add this skill to their resume if they have it, and employers should add it to their list of required or preferred skills if it is something they expect from candidates As has been seen throughout history, as technology evolves, the skills of workers need to also evolve and change."
Source: ResumeBuilder