Month: April 2023

Which Jobs Will Be Most Impacted by ChatGPT?


This post is by Pallavi Rao from Visual Capitalist


Visualizing the impact of artificial intelligence on the labor market

Jobs Most Impacted by ChatGPT and Similar AI Models

On November 30, 2022, OpenAI heralded a new era of artificial intelligence (AI) by introducing ChatGPT to the world.

The AI chatbot stunned users with its human-like and thorough responses. ChatGPT could comprehend and answer a variety of different questions, make suggestions, research and write essays and briefs, and even tell jokes (amongst other tasks).

Many of these skills are used by workers in their jobs across the world, which begs the question: which jobs will be transformed, or even replaced, by generative AI in the coming future?

This infographic from Harrison Schell visualizes the March 2023 findings of OpenAI on the potential labor market impact of large language models (LLMs) and various applications of generative AI, including ChatGPT.

Methodology

The OpenAI working paper specifically examined the U.S. industries and jobs most “exposed” to large language models like GPT, which the chatbot ChatGPT operates on.

Key to the paper is the definition of what “exposed” actually means:

“A proxy for potential economic impact without distinguishing between labor-augmenting or labor-displacing effects.” – OpenAI

Thus, the results include both jobs where humans could possibly use AI to optimize their work, along with jobs that could potentially be automated altogether.

OpenAI found that 80% of the American workforce belonged to an occupation where at least 10% of their tasks can be done (or aided) by AI. One-fifth of the workforce belonged to an occupation where 50% of work tasks would be impacted by artificial (Read more...)

What’s Our Problem by Tim Urban (Book Review)



Politics in the US has become ever more tribal on both the left and the right. Either you agree with 100 percent of group doctrine or you are considered an enemy. Tim Urban, the author of the wonderful Wait but Why blog has written a book digging into how we have gotten here. Titled “What’s Our Problem” the book is a full throated defense of liberalism in general and free speech in particular.

As with his blog, Urban does two valuable things rather well: He goes as much as possible to source material and he provides excellent (illustrated) frameworks for analysis. The combination is exactly what is needed to make progress on difficult issues and I got a lot out of reading the book as a result. I highly recommend reading it and am excited that it is the current selection for the USV book club.

The most important contribution of What’s Our Problem is drawing a clear distinction between horizontal politics (left versus right) and vertical politics (low-rung versus high-rung). Low-rung politics is tribal, emotional, religious, whereas high-rung politics attempts to be open, intellectual, secular/scientific. Low-rung politics brings out the worst in people and brings with it the potential of violent conflict. High-rung politics holds the promise of progress without bloodshed. Much of what is happening in the US today can be understood as low-rung politics having become dominant.

The book on a relative basis spends a lot more time examining low-rung politics on (Read more...)

An end to pop


This post is by Seth Godin from Seth's Blog


Pop culture depends on scarcity. When there are only a few TV stations or a dozen radio stations, it’s likely that many of us watch or hear the same thing at the same time.

And so a popular TV show or song from fifty years ago probably reached twenty times as many people as a popular hit today.

But the long tail brings other benefits. More choices, more innovation.

Not just a long tail of consumption, but also a spectacular decrease in the cost of production. Innovations in computers, cameras and AI mean that people can make content without permission from a gatekeeper.

In the latest AI breakthrough, here’s a recent Paul McCartney song ‘updated’ to use the voice of a young Paul McCartney.

You can hear a quick snippet here:

While this is technically amazing, what it highlights is that within a few weeks, we’re going to see thousands (or millions) of new songs created by AI and available on YouTube and streaming channels. Some of them will be mediocre. Some will be breakthroughs. And a few will be hits.

Creating music (or writing) is an inherently human activity, and it doesn’t go away. What does go away, though, is the commercial dynamic of thousands of someones in Nashville or Hollywood hitting it big big big with nothing but a typewriter or a guitar.

The end of pop and the rise of the long tail and AI brings us back a century. Just like it used to be–small circles (Read more...)

Mapping the World’s Overseas Territories and Dependencies


This post is by Pallavi Rao from Visual Capitalist


View a higher resolution version of this graphic.

overseas territories and dependencies around the world and their sovereign states.

Overseas Territories and Dependencies of the World

An overseas territory or dependency is a region with ties abroad to a sovereign nation—not a completely independent state, but also not a constituent part or administrative subdivision of the parent country.

Their histories vary, but most are tied to either “modern” colonialism from the 1400s onwards, or wars from the 19th and 20th centuries. Many of these regions still depend on their parent country to some capacity for economic, military, and diplomatic affairs.

This graphic by Pranav Gavali maps the overseas territories of various countries, using a variety of sources including WorldAtlas, Statista, and official country releases.

Where are the World’s Overseas Territories and Dependencies?

There are a total of 73 overseas territories listed on the map spread across the world.

It excludes territories claims in Antarctica, which are currently governed by the 1959 Antarctic Treaty. As an overseas map, it also excludes territories sharing a border, or that are part of a larger state or province (like Germany’s Heligoland, part of the state of Schleswig-Holstein).

Each region has its own unique present-day status. Some are “autonomous territories” or “constituent countries,” while some are administered almost entirely as part of the parent country.

SovereignOverseas Territory / DependencyRegion
🇦🇺 AustraliaAshmore and Cartier IslandsIndian Ocean
🇦🇺 AustraliaChristmas IslandIndian Ocean
🇦🇺 AustraliaCocos (Keeling) IslandsIndian Ocean
🇦🇺 AustraliaCoral Sea IslandsPacific Ocean
🇦🇺 AustraliaHeard & McDonald IslandsIndian Ocean
🇦🇺 AustraliaNorfolk (Read more...)

Green Vegetables of Startupland



In the world of startups, there’s a category of product that’s unusually challenging: does solve a problem, more important than a nice-to-have but nowhere near a must-have, and only valuable enough to build a small business. I call these types of solutions the green vegetables of startupland. 

Why green vegetables? We all know that we should eat more green vegetables, yet most of us don’t do it — that burger and fries sure tastes good. Green vegetables are clearly one of the healthiest choices, only we go for what has more dramatic flavors (sweet or salty or fried!). The cravings and urges just aren’t there for this type of food. Now, this isn’t commentary on the value of green vegetables, this is focused on human wants and desires. We want something that’s tasty. We want something that satiates our hunger quickly. We want something that triggers the pleasure receptors in our brain.

These green vegetable products are better than nice-to-have solutions. There’s clearly nutritional value and we should consume them. Only, they aren’t the main course. They aren’t what gets people excited when sitting down to dinner. People buy enough of them to build a business, but the share of wallet and willingness to spend isn’t great enough to build a big business.

When a startup with a green vegetable product raises money from institutional investors, another problem occurs. There’s some momentum, otherwise the startup wouldn’t be able to raise money. Only, for whatever reason, it was hard for the (Read more...)

We probably can’t buy our way out of it


This post is by Seth Godin from Seth's Blog


That’s what we usually try to do. When technology, comfort, convenience, efficiency and price line up, the market takes care of itself.

On the other hand, seatbelts would never have happened if they weren’t required.

But pizza grew to dominate our diets with no centralized action.

They sell a lot of Tide laundry detergent. Billions of dollars a year, that’s enough pods to reach the moon and back.

Even though Tide usually comes in a big plastic container and weighs many pounds, we keep buying it. That’s because it’s convenient, easy to find and not particularly expensive.

One of the challenges of changing a culture that’s driven by consumption is that people voluntarily choose what to buy next.

And so we get stuck. Stuck with products and systems that we’re not happy with, simply because it’s easier to stick with what we already have. The status quo is the status quo because it’s good at sticking around.

And yet, sometimes we get lucky. Consider this simple product for washing your clothes.

It’s super convenient, even more so than Tide. It’s almost as cheap. It’s dramatically more sustainable. It has a jillion 5-star reviews. And yet, it has a tiny fraction of Tide’s market share (so far).

We can’t buy out way out of the climate crisis, we’ll need to compromise, to invest and to rethink the systems that we depend on.

But every once in a while, you can simply change what you buy, and even better, tell someone else (Read more...)

Shrinking


This post is by Keith Teare from That Was The Week


A reminder for new readers. That Was The Week collects the best writing on critical issues in tech, startups, and venture capital. I select the articles because they are of interest. The selections often include things I disagree with. The articles are only snippets. Click on the headline to go to the original. I express my point of view in the editorial and the weekly video.

Content this week from: @geneteare, @lucyrbrewster, @denniskneale of , @profgalloway, @siancain, @Grimezsz, @SVShanaLynch, @mariogabriele, @johnbattelle, @antonioregalado, @mdbaccardax, @JonPorty, @benedictevans

Contents


Editorial: Shrinking

Essays of the Week

AI of the Week

News Of the Week

Startup of the Week

  • Humane

Tweet of the Week

  • Benedict Evans

Editorial: Shrinking


Last week’s editorial was titled Gone. This week’s is titled Shrinking. By some (Read more...)

Visualizing the Biomass of All the World’s Mammals


This post is by Nick Routley from Visual Capitalist


Infographic breakdown of the biomass of mammals on Earth

Visualizing the Biomass of All the World’s Mammals

Even as we understand more about the world we live in, certain aspects of it remain undefined or hard to comprehend.

One such example is in the scale and distribution of Earth’s life. What’s the ratio of wild to domesticated animals? How much do all of the world’s humans weigh?

Until recently, such questions were nearly unanswerable. A new report titled The Global Biomass of Wild Mammals helps shed more light on the composition and scale of life on our planet. The research provides an estimate of the biomass of all mammals, globally—including humans.

So, What is Biomass Anyway?

Humans and animals are commonly referred to as “carbon-based lifeforms”. This is for good reason. Carbon is present in every single living organism as complex molecules and compounds, making it an essential part of our biology. Biomass, or the mass of organisms, is typically measured in terms of carbon makeup because it is the one thing that all life on Earth shares.

These carbon building blocks are used as a form of measurement in the visualization above.

One component worth pointing out is that animals contribute very different amounts to the world’s biomass total. By sheer volume alone, rodents make up a significant share of wild mammal weight. Whales, on the other hand, are massive, so a smaller number of individuals can contribute a meaningful portion to overall biomass.

Mammalian Biomass, Organized Neatly

Each larger cube above represents 20 million metric tons (Read more...)