Can ChatGPT and Generative AI be the biggest threat to social security?

The launch of OpenAI's ChatGPT brings generative artificial intelligence (AI) to the fore like never before.

[{"selector":"#anim-ab79cdbd-fb52-467e-a909-d4b560ea2551 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] CREDIT GETIMAGE

[{"selector":"#anim-2922f9fa-016d-4555-b03f-70df693641b1","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Generative AI systems can generate text, images, audio and video that can do better than humans in some cases. Generative AI systems can generate text, images, audio and video that can do better than humans in some cases. CREDIT GETIMAGE

[{"selector":"#anim-0fd53a2a-8d09-473e-8695-4ca43638d9a1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.514648210040342%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Social Security is primarily funded through payroll taxes that employees and employers pay. Social Security is primarily funded through payroll taxes that employees and employers pay. CREDIT GETIMAGE

[{"selector":"#anim-c697740e-d913-4ad4-afda-305e8d12ba22 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.514648210040342%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Social Security job seekers are counting on new entrants to the labor pool. So without enough jobs, payroll taxes won't generate as much revenue. Social Security job seekers are counting on new entrants to the labor pool. So without enough jobs, payroll taxes won't generate as much revenue. CREDIT GETIMAGE

[{"selector":"#anim-7519e6e1-bf48-42d1-91df-e7b5a94b6035","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] According to a report, 300 million full-time jobs worldwide could be replaced by generative AI. According to a report, 300 million full-time jobs worldwide could be replaced by generative AI. CREDIT GETIMAGE

[{"selector":"#anim-4680389c-8c10-4586-a853-bfa6673a19ee [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-30.284926350957935%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] So two-thirds of all US jobs could be at least partially automated by AI, with between 25% and 50% of tasks being automated now. So two-thirds of all US jobs could be at least partially automated by AI, with between 25% and 50% of tasks being automated now. CREDIT GETIMAGE

[{"selector":"#anim-62dfcb18-1031-4517-9515-152c97b3620c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] This can increase unemployment as machines start replacing human workers in various industries very soon. This can increase unemployment as machines start replacing human workers in various industries very soon. CREDIT GETIMAGE

In such a situation, the big question is, will there be enough new jobs to compensate for the job losses?

[{"selector":"#anim-a00550d0-19cb-403c-85f1-67d8e566f2f8","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] CREDIT GETIMAGE

[{"selector":"#anim-9e62e0a5-9725-4cd9-a907-1a4d6aac7e49 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.514648210040342%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Generative AI technology like ChatGPT is going to be the biggest threat to social security. Generative AI technology like ChatGPT is going to be the biggest threat to social security. CREDIT GETIMAGE

Can ChatGPT and Generative AI be the biggest threat to social security?

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Can ChatGPT and Generative AI be the biggest threat to social security?

hindkunj.com

The launch of OpenAI's ChatGPT brings generative artificial intelligence (AI) to the fore like never before.

The launch of OpenAI's ChatGPT brings generative artificial intelligence (AI) to the fore like never before.

In such a situation, the big question is, will there be enough new jobs to compensate for the job losses?

In such a situation, the big question is, will there be enough new jobs to compensate for the job losses?

Can ChatGPT and Generative AI be the biggest threat to social security?

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