AI may put half of China’s jobs at risk. We asked ChatGPT for career advice
- As demographic challenges grow, new study suggests more than half of jobs in China could be replaced by evolving AI
- Workers should embrace tasks requiring more creativity, social intelligence to make their positions ‘invincible’, researchers say
Analysing a company’s business status, identifying financial risks and preparing financial reports are some examples of how generative AI services could take on some of the workload of the professionals, wrote Liu Qin, a professor at the Shanghai National Accounting Institute, in an article in the journal Friends of Accounting.
“Accountants should embrace new technologies and boost their work efficiency with AI systems while cultivating creativity,” Liu said. “This is how they can hold an invincible position in the workplace.”
While some professions are enthusiastic about how using AI will enhance job efficiency, some roles could be put at risk as AI develops. When asked by the Post, ChatGPT responded that the key will be to adapt to the changing work environment with new skills.
A study published in March found that 54 per cent of jobs in China are at high risk of being replaced by AI in the coming decades.
Jobs intensive in perceptive and manipulative tasks are highly susceptible to substitution
“Relatively speaking, unit heads are the safest jobs in China, whereas jobs intensive in perceptive and manipulative tasks are highly susceptible to substitution,” researchers at the Central University of Finance and Economics in Beijing and the University of Hull in Britain wrote in the peer-reviewed journal Finance Research Letters.
But the team said workers in product manufacturing and business services are more likely to be hit, according to the researchers.