AI is replacing human tasks faster than you think

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Corporate America is rapidly adopting artificial intelligence to automate work once exclusively done by humans.

Nearly half of large US firms plan to use AI within the next year to automate tasks previously done by employees, according to a survey of finance chiefs released Thursday. Those tasks include everything from paying suppliers and doing invoices to financial reporting, said the survey conducted by Duke University and the Federal Reserve Bank of Atlanta.

“I believe in three to five years, we’ll all have kind of an agent co-pilot that’s helping us with anything from how we cook dinner…to doing your job and writing and so forth.” Hoffman, who last year wrote a book called “Impromptu: Amplifying Our Humanity Through AI” with the assistance from ChatGPT-4, stressed that for a number of years it will be a co-pilot, not a pilot. “It’s job transformation. Human jobs will be replaced — but will be replaced by other humans using AI,” he said.

 

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