The ChatGPT revolution opens the door to a four-day work week, according to a Nobel Prize-winning economist
and Wellbeing. He won a Nobel Prize in economics for his work on labor market frictions.
“They could take away lots of boring things that we do at work … and then leave only the interesting stuff to human beings,” he said. The transition for workers will be made less painful by slower adoption by companies despite the technology “moving fast,” he added. “There’s just no limit to how much work humanity could generate if they really want to work,” Pissarides said. “It will take long to have a real impact and during that time people will adjust. What you need in this adjustment is basically upskilling.”that estimated that 300 million jobs are exposed globally to generative AI, such as ChatGPT. The bank’s economists also argued that it could be transformative for productivity and GDP growth.
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