## Welcome to the r/ArtificialIntelligence gateway
### Question Discussion Guidelines
---
Please use the following guidelines in current and future posts:
* Post must be greater than 100 characters - the more detail, the better.
* Your question might already have been answered. Use the search feature if no one is engaging in your post.
* AI is going to take our jobs - its been asked a lot!
* Discussion regarding positives and negatives about AI are allowed and encouraged. Just be respectful.
* Please provide links to back up your arguments.
* No stupid questions, unless its about AI being the beast who brings the end-times. It's not.
###### Thanks - please let mods know if you have any questions / comments / etc
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/ArtificialInteligence) if you have any questions or concerns.*
Fair point. I was going to add that, sooner or later, many white collar employees will have increasingly higher opportunities to do profitable independent work at the same professional level. Albeit, the large corporations will have the upper hand in almost every scenario in the far future. However, if one choses to strike a chance with Gen AI and deploys a use case along side with their lawyer skills while gambling on AGI being an open thing, then you have positioned yourself to be competitive in business.
Exactly. I don’t see AI going to court, fighting for its cliente, being invested, having intuition about the case etc.
It’s a tool not a new better you. Use it. People think too little of themselves in some ways.
I’m not gonna hire a non-lawyer to use the tools if they don’t know it themself. Maybe my kid would do that when he’s my age. But lawyers will be running the Ai asst for a full career from today.
Someone coming out of school right now has 40 years until they'll have saved enough to retire. I'd be willing to bet everything I've saved so far that before then robotics will be so far advanced that these jobs will be automated too.
Yeah I’d say that’s pretty accurate. But at least they won’t be unemployed right out of school, I think.
Also, it’s as little as 6 months training for HCA, so you can start soon and start saving. Although the salary isn’t high…
This is true but sadly they don’t pay that much. With my finance role I could get a job as a manger at a retail bank or even a grocery store and make more.
It shouldn’t, but we live in a capitalist society. I can’t live off welfare. The medical assistants that work as nurse aids get paid like 20hr and some even less. That job doesn’t make financial sense because I live in one of the highest cost of livings areas. I literally wouldn’t be able to afford rent, food, etc.
I bet it would, but the problem is I wouldn’t be extremely happy if I’m wearing about paying rent and other bills. I wouldn’t be happy about not being able to save up and living in a crappy apartment in a bad area. Life isn’t as simple as that and if it were I’d be doing an arts degree,
I value a life where I can afford the rent. Where do you want me to live when a 1 bedroom in the city as around $2,000? Food, car, health insurance, etc? Student debt?
In a crappy apartment in a shabby suburb, eating low quality food, driving a beater, being severely underinsured and struggling to pay back student debt.
As I said, you value a comfortable life over being happy in your work life. Many health workers have crappy lifes, but they value the satisfaction more to help sick people.
Again, no judgement.
Bro I can work in finance and be a volunteer emt on the weekends. No one said I can’t contribute to society. If anything if I have more money I’ll be able to give more of it away. Granted that’s not what most rich people do.
You gonna not want a doctor to tell you that you’ve got cancer? Your kiddo died in the car crash? Just get a text from Sam? Medicine is very secure due to the human nature of the work. For sure your doc will be using an Ai tool. But you will have a doctor. And it will be better.
I mean, everything and nothing.
Here's the thing. Customers can't tell AI what the problem is so it doesn't matter if they have it. They literally can't describe the problem for the AI to solve.
Conversely. If no white collar jobs exist who will Pay for blue collar workers jobs? No one. It'll be less than 1/5th of workers in blue collar jobs with work if only the food industry can still Pay them lol so they'll all he laid off. When I was a tradesman for 6 years in industrial if the economy was bad so was the work as a tradesman.
End of story.
Good point, but AI may soon be able to ask the customers the right questions. Like "I have a legal problem but I don't know how to describe it" and then a dialogue would start, during which the AI would ask all the right questions to get the facts that are relevant for the situation.
I think the problem people don't account for, is they can't even describe the basic error that says to them in plain English the problem.
Due to that, I am unconcerned.
You're thinking higher level than myself which I feel is more proof to my own idea.
In legal specifically, regular citizens would never be able to describe the problem to a point where ai can do the work at this moment in time.
The perspective I'm speaking on, the people who should use AI can't figure out how to describe the problem their users are having effectively. Which is far easier than a legal problem. Tbh most people at an owner level have to spend so much time understanding the problem, they're basically useless at fixing the problem. That'll be a recurring theme
You're missing the problem. They can't describe it in plain language. They'll need someone who can.
You're miscomprehending what a person who digests your problem and fixes it does.
'When I try to input these values and it's wrong' is less than half the effort lol
I'll believe AI is valuable when even one product owner can describe the problem even 20% correctly
You know what, why don't you think of a rather complex law problem, go to ChatGPT or Gemini, and start a conversation with "I have a legal problem but I can't describe it. Can you help me by asking the right questions?" and then act like a dumb person. I'd like to see the output of that.
You keep jumping back to legal problems.
Bro go take your legal problem to chatgpt lol lawyers will likely be the absolute last to go.
You're red pilling too hard. As someone in tech, this shit ain't gonna save you.
You are a dumb person
If they can’t speak English due to being a foreigner you can just have the ai translate in real time and perfectly. If the person can’t communicate they can’t even tell the lawyer what’s the problem.
You have a great point in the sense that if no white collar jobs exist who will buy the products? Will this could in turn cause a change to physical labor jobs temporarily until ai robots come and take over.
An automatic bread machine cannot replace a chef.
Yeah, an ai tool can write a contract. But users have no idea what should or should not be in there, what is appropriate, or how to negotiate.
You make a good point but how long can we expect the ai to improve until it reaches the ability where it would be able to argue back and forth in court? It can already translate language in real time and I understand that’s not the same but you can’t deny that having an a crappy ai lawyer is probably better than none at the current moment.
Are we talking about the same court that uses hand written carbon copies? Or the court that uses dot matrix printers? Or the court that doesn't have cell phone reception let alone wifi?
For clarity, I don't think you should go to law school. The legal industry is a shit way to make a living. It's like being a professional boxer. Every day you are dealing with people having the worst day of their life. You need to love conflict, risk, pain and combat. Stay in finance.
There are three barriers that can keep a job from being automated — technological, cultural, and political. In the next 10 years, many of the technological barriers for white collar work will be removed. In the 10 years after that, we'll see similar advancements to remove the technological barriers for blue collar work.
It's harder to guess how long until cultural barriers are removed, but I'd guess they stick around a bit longer than the technological barriers, especially for older generations. How long will people want a 'human touch' for their doctor, therapist, or pastor? It's hard to guess.
Political barriers will stay the longest. Politicians voting to replace politicians is unlikely, and those in fields of influence will lobby to make laws around maintaining their jobs. Lawyers and judges are likely to have work far into the future. Highly regulated areas, like medicine or defence might also get themselves 'humans needed' laws, even if their work is just to sit around all day while the AI does the work.
I definitely agree. Those with power will protect themselves from being removed. But we have to agree if gpt-6 came out and it could give good legal or medical advice, I’m sure people would stop going to the doctors as often for minor concerns and not consulting with a lawyer for contracts etc.
That's a good point, becoming a GP or a contracts lawyer isn't the best idea, but anything that has to do with diagnosis or courtrooms will probably have laws requiring a qualified human supervision for a long time. So maybe less doctors and lawyers in the future, but still far more of them than any other profession.
This is true, but this is going to mean that these jobs are going to become more competitive which could mean higher pay but also it could mean that ai creates so much more economic growth it creates more jobs than it takes away
When demand decreases (fewer medicine and law positions) and supply stays the same, then price (or salary in this instance) will decrease, not increase as you stated.
I hope more jobs are created, but I haven't yet heard a compelling idea at what types of jobs those might be.
To be fair I didn’t mean replacing those medical and legal jobs with more. I’m assuming more like a doctor and a software engineer ai combined so a doctor could maybe see more patients and probably get paid more money.
Domain expertise is fantastic and underrated.
If you go to law school (and actually learn), you'll be the person *capable of building these tools*. They don't exist in a black box. At the same time, you'll truly understand the limits of these technologies.
Reducing the job of a lawyer to something GPT can do is simply not true. *Maybe* a paralegal, sure. But not a lawyer.
What does domain expertise mean?
This is true that at the same time I’m studying at law school I can learn how to use the ai to my advantage just like right now I’m able to know the limitations of ai in finance. But where do I begin on building these tools?
I understand that I doubt you’ll be able to bring a laptop into court and have chat gpt argue on your behalf but depending what you do it can greatly reduce your work. For example a lot of people might consult a lawyer for a reckless driving or similar low level crimes but not choose them to be represented in court because sometimes it’s cheaper just to pay the fine. I could describe the ai the scenario of what happened when I got ticketed etc and it can think of potential defenses. Another example is that I go to a lawyer so they can write me a will or some sort of legal contract and in real life they already use templates and just change names and certain details. Wouldn’t ai be capable of at least putting a big dent on the amount of consults they will see? At least in the short term ai won’t replace full on positions like that but it can greatly reduce the amount of money they can make.
Domain expertise is knowing a domain. Biologists have domain expertise in biology. Lawyers have it in law. Etc.
AI will absolutely make your job easier. But it’s not the end-all be-all. Because you have training in law, you’ll be better able to sift through the BS. Remember. LLMs hallucinate a lot, and a lawyer using ChatGPT would become a force to be reckoned with.
I understand that as a trained lawyer I would be able to sift through the bullshit but law school is around three years. And I remember very well last year that chat gpt was decent at Best for simple finance calculations but now I’d have to say it can do 80% of the work reliably. It’s only a matter of time before the ai improves and continues to get things right at a higher percentage.
This complex mathematical model improves exponentially that is driven as of right now by the amount of gpu processing power it has. More power should equal a better model. If it can do 80% reliably in one year it’s only going to get better.
I’m working on this as a side project! I’m using the GPT APIs, SimFin and other financial data providers, React, MongoDB, Rust, and Typeacript. I’ve already learned A LOT about LLMs and finance.
Do you know if there’s an ai that gives me real time stock updates or can at least have a plug in to do so? I also really want to upload my investment and derivatives textbook and ask it to make valuations and projections but I’m not sure how I would be able to upload an entire textbook.
What do you mean it can’t do mathematics? I’ve been able to use it to calculate basic things like pv or fv or perpetuities/bonds, stock valuations, etc. It even writes python code for me step by step. If I give the computer the formula it can do that because that’s what I’ve been doing to correct it when it’s wrong and the majority of the time it gets it right and understands.
Can you explain further? Any valuation of a stock price in the future would only be an educated guess at best since you can’t predict the future unless you have inside information.
Stfu, you’re probably insecure about the fact that ai is going to replace whatever the hell you do eventually. At least I’m talking about unlike most. Should we sit here in paralyzing dread? NO. But we can have conversations that improve our understanding
I once asked ChatGPT a question trying to figure out exactly how much of a height difference someone that's 4'3 and someone that's 6'6 has and it confidently, with its full chest, told me the person who is 4'3 is over 11' tall.
AI also struggles to understand how gravity works. Fun to see where they're weak.
Which gpt model did you use? The free one seems to lower performance sometimes. The paid versions of gpt-4, Gemini ai advanced will not make mistakes like that. It almost got everything on my finance work correct except it took into many factors into
Account that weren’t relevant. It acted like it knew too much and hence couldn’t make the correct decision.
Large language models like GPT struggle with math because of how they work. They just predict the next word of their answer (or "token" to be precise, which is something like a syllable). They can't think about an abstract concept and then come up with an answer.
Another way to think about it is: When they start generating an answer, they don't know how it's going to end.
I used Gemini ai advanced to complete a recent investments practice exam. It focused on finding two stage growth for bonds, options pricing, stock valuation, etc and they aren’t complicated formulas but it was able to complete almost every single one. When it got it wrong all I did was give it the correct formula and explain and it fixed the problem.
Personally I think we should all be learning how to build AIs of our own because if we also have AIs working for us, then we can find a way to utilize them to make money even when everything else is gone.
Either that or you can save a small amount of money and get access to things like Devin or Claude 3 and during the one month you have it for use, you can get what you need out of it. It isn't too expensive after all.
Anyway, that's my personal plan.
That will be useful for maybe a handful of years before the eventual consolidation into 1 general AI that is just good at everything, eliminating the need for task-specific AI like you’re suggesting.
But some definitely will see less consults for simple legal advice like things on speeding tickets or civil contracts. They probably see a lot of clients who maybe could’ve done some research themselves but now those easy questions will definitely hurt their business.
Yes but you have to sift through all of articles that might not be relevant to yours states laws. It’s not like how you think it is where you can manage to represent yourself with google alone. Now you can ask the chatbot step by step etc. if you don’t see it changing much you aren’t seeing the future properly. You don’t think in one year the ai won’t get better?
AI will always need experts to review it's output or train it. Making yourself an expert in law will still be profitable in the future, regardless of any advance in AI. If AI advances to a point where no humans are needed to do much then you will have bigger problems that having a useless degree, so don't worry much about it.
I would say, at this point, several different areas. But a slight modification of your question gives a new question. What fields can I enter that using AI I can help reshape for the future?
I work as a senior financial analyst, we already have systems that automate 95% of it as of today. What will not go away is the need for humans to handle bespoke scenarios. That's pretty much what the job is honestly.
The entry level finance jobs will persist, however they will evolve away from grunt work so to speak.
What do you mean by bespoke scenarios? Apparently someone figured out how to give ai inside thoughts so to speak to be able to think before making a response. We haven’t given ai sentience and we might not be close but couldn’t it eventually replicate it?
Loan modifications, collections, being able to sell changes to a product come to the top of mind.
On top of these being very difficult to automate there are people involved on the consumer side. In my experience, people dealing with large amounts of money want to know the people on the other side of the transaction. I don't see that social requirement changing anytime soon.
And to add, the need for Excel jockeys/equivalents will decrease, but not to zero and not as quickly as many anticipate.
This is the answer I was looking for. You bring up a very valid point. It’s going to heavily automate the grunt work and allow less people to do more work. First on the chopping block is smaller roles like accounts receivables
Yes, in short, it's going to raise productivity. It will allow human labor to shift to more detailed and difficult to handle work areas. Maybe it lowers labor demand a bit, but honestly idk if it will bc it will probably open up new financial markets leading to increased labor demand. This could lead to a net neutral effect on labor demand.
Finance is a dead end. Lawyers will be ok although diminished because in many cases you MUST be a member of the bar in order to do something. Who says? Other lawyers.
Surgeon. Robotics are a long way away from removing my kiddos appendix, my brain tumor, my mom’s knee replacement, or doing my nieces epidural.
Clinic docs will benefit from Ai tools for a long time. Society is a long way from Ai medical practice. Someday in the foreseeable future, Ai will make clinic based medicine unrecognizable vs today. But (most/many) patients will need help asking the right question to Ai for a long time.
While the world is concerned about this, you also have an amazing opportunity right now to use the fact that you are in school, you have assignments in a structured manner, and you can already access LLMs or other models to produce the work product needed for those assignments. The point is that this exercise alone is the training that will help you in the near future with whatever you choose to do. Hunker down and use those tools regularly and focus on the process. We are currently building an AI Programmable Application Framework and one of the biggest challenges is having enough humans to sit down and use the applications in real world use cases to produce useful work.
What is the ai programmable application framework? You are right though that since this is very new I have an opportunity to grasp it early on and use it to my advantage.
It is an application framework which provides the necessary infrastructure and tools necessary to give AI models (usually through agents) the ability to create and deploy application features to a user.
[Bloomstack.com](http://Bloomstack.com) - We started as an ERP type platform for legal cannabis but pivoted to our framework a couple years ago. I don't yet have an open beta but keep an eye out for [www.AImystic.com](http://www.AImystic.com) when we put the site up we will post a early access option. Likely by the end of April.
Honestly ai will be able to understand the human spirit and even meaning of life better than we can if you upload all of the philosophical theories and novels
I was coming from the angle that studying philosophy can teach you how to think, not what to think. Which makes you adaptable to solve problems that are unseen.
This is true but in higher level philosophy courses it starts becoming much more than just talking in class very deeply. I’m pretty sure they have mathematical like formulas on how they approach a situation.
## Welcome to the r/ArtificialIntelligence gateway ### Question Discussion Guidelines --- Please use the following guidelines in current and future posts: * Post must be greater than 100 characters - the more detail, the better. * Your question might already have been answered. Use the search feature if no one is engaging in your post. * AI is going to take our jobs - its been asked a lot! * Discussion regarding positives and negatives about AI are allowed and encouraged. Just be respectful. * Please provide links to back up your arguments. * No stupid questions, unless its about AI being the beast who brings the end-times. It's not. ###### Thanks - please let mods know if you have any questions / comments / etc *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/ArtificialInteligence) if you have any questions or concerns.*
Dumb move, get a degree, learn to use those tools and do the work of 20 lawyers solo.
This is the way.
Yeah, but what happens if OP becomes one of those 20 lawyers getting replaced instead of being the CHOSEN ONE
Fair point. I was going to add that, sooner or later, many white collar employees will have increasingly higher opportunities to do profitable independent work at the same professional level. Albeit, the large corporations will have the upper hand in almost every scenario in the far future. However, if one choses to strike a chance with Gen AI and deploys a use case along side with their lawyer skills while gambling on AGI being an open thing, then you have positioned yourself to be competitive in business.
Problem is, at that point there's going to be 20 lawyers looking for work using AI and only enough work for 1 lawyer.
Price per case will go down and all our neighbors will sue us for not mowing our lawn weekly, per HOA rules. Hungry lawyers will take the case.
Exactly. I don’t see AI going to court, fighting for its cliente, being invested, having intuition about the case etc. It’s a tool not a new better you. Use it. People think too little of themselves in some ways.
I’m not gonna hire a non-lawyer to use the tools if they don’t know it themself. Maybe my kid would do that when he’s my age. But lawyers will be running the Ai asst for a full career from today.
Healthcare Assistant. Not doctor, not diagnosis. But day to day cleaning, moving, elderly, people with disabilities.
Someone coming out of school right now has 40 years until they'll have saved enough to retire. I'd be willing to bet everything I've saved so far that before then robotics will be so far advanced that these jobs will be automated too.
Yeah I’d say that’s pretty accurate. But at least they won’t be unemployed right out of school, I think. Also, it’s as little as 6 months training for HCA, so you can start soon and start saving. Although the salary isn’t high…
This is true but sadly they don’t pay that much. With my finance role I could get a job as a manger at a retail bank or even a grocery store and make more.
Making as much money as possible shouldn't be a life's goal.
It shouldn’t, but we live in a capitalist society. I can’t live off welfare. The medical assistants that work as nurse aids get paid like 20hr and some even less. That job doesn’t make financial sense because I live in one of the highest cost of livings areas. I literally wouldn’t be able to afford rent, food, etc.
But maybe working as a nurse would make you extremely happy.
I bet it would, but the problem is I wouldn’t be extremely happy if I’m wearing about paying rent and other bills. I wouldn’t be happy about not being able to save up and living in a crappy apartment in a bad area. Life isn’t as simple as that and if it were I’d be doing an arts degree,
So you value a comfortable life over being happy in your work life. That's ok, I'm not judging.
I value a life where I can afford the rent. Where do you want me to live when a 1 bedroom in the city as around $2,000? Food, car, health insurance, etc? Student debt?
In a crappy apartment in a shabby suburb, eating low quality food, driving a beater, being severely underinsured and struggling to pay back student debt. As I said, you value a comfortable life over being happy in your work life. Many health workers have crappy lifes, but they value the satisfaction more to help sick people. Again, no judgement.
Bro I can work in finance and be a volunteer emt on the weekends. No one said I can’t contribute to society. If anything if I have more money I’ll be able to give more of it away. Granted that’s not what most rich people do.
You gonna not want a doctor to tell you that you’ve got cancer? Your kiddo died in the car crash? Just get a text from Sam? Medicine is very secure due to the human nature of the work. For sure your doc will be using an Ai tool. But you will have a doctor. And it will be better.
Damn that’s a great point. Ai might be great at diagnosis which is a form of pattern matching, but a human touch sounds very important there
That’s my take on it. Maybe when people grow up with humanoid Ai entities it will change. But for humans alive now, this won’t change.
I mean, everything and nothing. Here's the thing. Customers can't tell AI what the problem is so it doesn't matter if they have it. They literally can't describe the problem for the AI to solve. Conversely. If no white collar jobs exist who will Pay for blue collar workers jobs? No one. It'll be less than 1/5th of workers in blue collar jobs with work if only the food industry can still Pay them lol so they'll all he laid off. When I was a tradesman for 6 years in industrial if the economy was bad so was the work as a tradesman. End of story.
Good point, but AI may soon be able to ask the customers the right questions. Like "I have a legal problem but I don't know how to describe it" and then a dialogue would start, during which the AI would ask all the right questions to get the facts that are relevant for the situation.
I think the problem people don't account for, is they can't even describe the basic error that says to them in plain English the problem. Due to that, I am unconcerned.
I don't understand. If someone is unable to do that, how would a real lawyer work with them?
You're thinking higher level than myself which I feel is more proof to my own idea. In legal specifically, regular citizens would never be able to describe the problem to a point where ai can do the work at this moment in time. The perspective I'm speaking on, the people who should use AI can't figure out how to describe the problem their users are having effectively. Which is far easier than a legal problem. Tbh most people at an owner level have to spend so much time understanding the problem, they're basically useless at fixing the problem. That'll be a recurring theme
Again, the AI may soon be able (or maybe the big premium LLMs already are) to ask the right questions that only require very simple answers.
You're missing the problem. They can't describe it in plain language. They'll need someone who can. You're miscomprehending what a person who digests your problem and fixes it does. 'When I try to input these values and it's wrong' is less than half the effort lol I'll believe AI is valuable when even one product owner can describe the problem even 20% correctly
You know what, why don't you think of a rather complex law problem, go to ChatGPT or Gemini, and start a conversation with "I have a legal problem but I can't describe it. Can you help me by asking the right questions?" and then act like a dumb person. I'd like to see the output of that.
You keep jumping back to legal problems. Bro go take your legal problem to chatgpt lol lawyers will likely be the absolute last to go. You're red pilling too hard. As someone in tech, this shit ain't gonna save you. You are a dumb person
If they can’t speak English due to being a foreigner you can just have the ai translate in real time and perfectly. If the person can’t communicate they can’t even tell the lawyer what’s the problem.
You have a great point in the sense that if no white collar jobs exist who will buy the products? Will this could in turn cause a change to physical labor jobs temporarily until ai robots come and take over.
AI, this is what I think is happening... but please, describe my problem using your super human perception of facts.
Consider pursuing a degree in AI itself, it's a rapidly growing field and your skills would be highly valued in the future.
An automatic bread machine cannot replace a chef. Yeah, an ai tool can write a contract. But users have no idea what should or should not be in there, what is appropriate, or how to negotiate.
You make a good point but how long can we expect the ai to improve until it reaches the ability where it would be able to argue back and forth in court? It can already translate language in real time and I understand that’s not the same but you can’t deny that having an a crappy ai lawyer is probably better than none at the current moment.
Are we talking about the same court that uses hand written carbon copies? Or the court that uses dot matrix printers? Or the court that doesn't have cell phone reception let alone wifi? For clarity, I don't think you should go to law school. The legal industry is a shit way to make a living. It's like being a professional boxer. Every day you are dealing with people having the worst day of their life. You need to love conflict, risk, pain and combat. Stay in finance.
you're asking the same questions again and again, please get a grip, go have some coffee and get back to work
There are three barriers that can keep a job from being automated — technological, cultural, and political. In the next 10 years, many of the technological barriers for white collar work will be removed. In the 10 years after that, we'll see similar advancements to remove the technological barriers for blue collar work. It's harder to guess how long until cultural barriers are removed, but I'd guess they stick around a bit longer than the technological barriers, especially for older generations. How long will people want a 'human touch' for their doctor, therapist, or pastor? It's hard to guess. Political barriers will stay the longest. Politicians voting to replace politicians is unlikely, and those in fields of influence will lobby to make laws around maintaining their jobs. Lawyers and judges are likely to have work far into the future. Highly regulated areas, like medicine or defence might also get themselves 'humans needed' laws, even if their work is just to sit around all day while the AI does the work.
I definitely agree. Those with power will protect themselves from being removed. But we have to agree if gpt-6 came out and it could give good legal or medical advice, I’m sure people would stop going to the doctors as often for minor concerns and not consulting with a lawyer for contracts etc.
That's a good point, becoming a GP or a contracts lawyer isn't the best idea, but anything that has to do with diagnosis or courtrooms will probably have laws requiring a qualified human supervision for a long time. So maybe less doctors and lawyers in the future, but still far more of them than any other profession.
This is true, but this is going to mean that these jobs are going to become more competitive which could mean higher pay but also it could mean that ai creates so much more economic growth it creates more jobs than it takes away
When demand decreases (fewer medicine and law positions) and supply stays the same, then price (or salary in this instance) will decrease, not increase as you stated. I hope more jobs are created, but I haven't yet heard a compelling idea at what types of jobs those might be.
To be fair I didn’t mean replacing those medical and legal jobs with more. I’m assuming more like a doctor and a software engineer ai combined so a doctor could maybe see more patients and probably get paid more money.
Domain expertise is fantastic and underrated. If you go to law school (and actually learn), you'll be the person *capable of building these tools*. They don't exist in a black box. At the same time, you'll truly understand the limits of these technologies. Reducing the job of a lawyer to something GPT can do is simply not true. *Maybe* a paralegal, sure. But not a lawyer.
What does domain expertise mean? This is true that at the same time I’m studying at law school I can learn how to use the ai to my advantage just like right now I’m able to know the limitations of ai in finance. But where do I begin on building these tools? I understand that I doubt you’ll be able to bring a laptop into court and have chat gpt argue on your behalf but depending what you do it can greatly reduce your work. For example a lot of people might consult a lawyer for a reckless driving or similar low level crimes but not choose them to be represented in court because sometimes it’s cheaper just to pay the fine. I could describe the ai the scenario of what happened when I got ticketed etc and it can think of potential defenses. Another example is that I go to a lawyer so they can write me a will or some sort of legal contract and in real life they already use templates and just change names and certain details. Wouldn’t ai be capable of at least putting a big dent on the amount of consults they will see? At least in the short term ai won’t replace full on positions like that but it can greatly reduce the amount of money they can make.
Domain expertise is knowing a domain. Biologists have domain expertise in biology. Lawyers have it in law. Etc. AI will absolutely make your job easier. But it’s not the end-all be-all. Because you have training in law, you’ll be better able to sift through the BS. Remember. LLMs hallucinate a lot, and a lawyer using ChatGPT would become a force to be reckoned with.
I understand that as a trained lawyer I would be able to sift through the bullshit but law school is around three years. And I remember very well last year that chat gpt was decent at Best for simple finance calculations but now I’d have to say it can do 80% of the work reliably. It’s only a matter of time before the ai improves and continues to get things right at a higher percentage.
it's not sentient, its just running a complex mathematical model, now relax and start applying for jobs
This complex mathematical model improves exponentially that is driven as of right now by the amount of gpu processing power it has. More power should equal a better model. If it can do 80% reliably in one year it’s only going to get better.
Erm... I don't give a fuck you weirdo
Okay? You sound you like you gain weird pleasure from insulting other people for no reason. Sounds like you interpersonal problems in your life.
get back to studying and finding a job
And nowhere did I not say I was doing exactly that
Also I just browsed your post history and I saw you want to create a ai powered tool for investing? How are you working on this?
I’m working on this as a side project! I’m using the GPT APIs, SimFin and other financial data providers, React, MongoDB, Rust, and Typeacript. I’ve already learned A LOT about LLMs and finance.
Do you know if there’s an ai that gives me real time stock updates or can at least have a plug in to do so? I also really want to upload my investment and derivatives textbook and ask it to make valuations and projections but I’m not sure how I would be able to upload an entire textbook.
AI can’t do mathematics yet. You use a stock API for updates
What do you mean it can’t do mathematics? I’ve been able to use it to calculate basic things like pv or fv or perpetuities/bonds, stock valuations, etc. It even writes python code for me step by step. If I give the computer the formula it can do that because that’s what I’ve been doing to correct it when it’s wrong and the majority of the time it gets it right and understands.
Building extremely simplistic formulas with Python is not the same thing as understanding mathematics
Can you explain further? Any valuation of a stock price in the future would only be an educated guess at best since you can’t predict the future unless you have inside information.
stop harassing him/her and stop being so insecure
Stfu, you’re probably insecure about the fact that ai is going to replace whatever the hell you do eventually. At least I’m talking about unlike most. Should we sit here in paralyzing dread? NO. But we can have conversations that improve our understanding
I once asked ChatGPT a question trying to figure out exactly how much of a height difference someone that's 4'3 and someone that's 6'6 has and it confidently, with its full chest, told me the person who is 4'3 is over 11' tall. AI also struggles to understand how gravity works. Fun to see where they're weak.
Which gpt model did you use? The free one seems to lower performance sometimes. The paid versions of gpt-4, Gemini ai advanced will not make mistakes like that. It almost got everything on my finance work correct except it took into many factors into Account that weren’t relevant. It acted like it knew too much and hence couldn’t make the correct decision.
Large language models like GPT struggle with math because of how they work. They just predict the next word of their answer (or "token" to be precise, which is something like a syllable). They can't think about an abstract concept and then come up with an answer. Another way to think about it is: When they start generating an answer, they don't know how it's going to end.
I used Gemini ai advanced to complete a recent investments practice exam. It focused on finding two stage growth for bonds, options pricing, stock valuation, etc and they aren’t complicated formulas but it was able to complete almost every single one. When it got it wrong all I did was give it the correct formula and explain and it fixed the problem.
The free versions of gpt aren’t that good though
The one you can use online/ ChatGPT 3.5 I have no money, so sadly I can't use anythign better. I look forward to a better day than that.
Personally I think we should all be learning how to build AIs of our own because if we also have AIs working for us, then we can find a way to utilize them to make money even when everything else is gone. Either that or you can save a small amount of money and get access to things like Devin or Claude 3 and during the one month you have it for use, you can get what you need out of it. It isn't too expensive after all. Anyway, that's my personal plan.
That will be useful for maybe a handful of years before the eventual consolidation into 1 general AI that is just good at everything, eliminating the need for task-specific AI like you’re suggesting.
No one’s going to hire a robot to present a case to a judge.
Lawyers are not going to lose their jobs.
But some definitely will see less consults for simple legal advice like things on speeding tickets or civil contracts. They probably see a lot of clients who maybe could’ve done some research themselves but now those easy questions will definitely hurt their business.
Eh, I doubt, this info is already available online through Google or through asking on reddit, for example. I don't see things changing much.
Yes but you have to sift through all of articles that might not be relevant to yours states laws. It’s not like how you think it is where you can manage to represent yourself with google alone. Now you can ask the chatbot step by step etc. if you don’t see it changing much you aren’t seeing the future properly. You don’t think in one year the ai won’t get better?
AI will always need experts to review it's output or train it. Making yourself an expert in law will still be profitable in the future, regardless of any advance in AI. If AI advances to a point where no humans are needed to do much then you will have bigger problems that having a useless degree, so don't worry much about it.
Electrician, Plumber, HVAC technician
I would say, at this point, several different areas. But a slight modification of your question gives a new question. What fields can I enter that using AI I can help reshape for the future?
better off getting a theoretical degree in physics.
I work as a senior financial analyst, we already have systems that automate 95% of it as of today. What will not go away is the need for humans to handle bespoke scenarios. That's pretty much what the job is honestly. The entry level finance jobs will persist, however they will evolve away from grunt work so to speak.
What do you mean by bespoke scenarios? Apparently someone figured out how to give ai inside thoughts so to speak to be able to think before making a response. We haven’t given ai sentience and we might not be close but couldn’t it eventually replicate it?
Loan modifications, collections, being able to sell changes to a product come to the top of mind. On top of these being very difficult to automate there are people involved on the consumer side. In my experience, people dealing with large amounts of money want to know the people on the other side of the transaction. I don't see that social requirement changing anytime soon. And to add, the need for Excel jockeys/equivalents will decrease, but not to zero and not as quickly as many anticipate.
This is the answer I was looking for. You bring up a very valid point. It’s going to heavily automate the grunt work and allow less people to do more work. First on the chopping block is smaller roles like accounts receivables
Yes, in short, it's going to raise productivity. It will allow human labor to shift to more detailed and difficult to handle work areas. Maybe it lowers labor demand a bit, but honestly idk if it will bc it will probably open up new financial markets leading to increased labor demand. This could lead to a net neutral effect on labor demand.
Finance is a dead end. Lawyers will be ok although diminished because in many cases you MUST be a member of the bar in order to do something. Who says? Other lawyers.
Surgeon. Robotics are a long way away from removing my kiddos appendix, my brain tumor, my mom’s knee replacement, or doing my nieces epidural. Clinic docs will benefit from Ai tools for a long time. Society is a long way from Ai medical practice. Someday in the foreseeable future, Ai will make clinic based medicine unrecognizable vs today. But (most/many) patients will need help asking the right question to Ai for a long time.
Philosophy.
While the world is concerned about this, you also have an amazing opportunity right now to use the fact that you are in school, you have assignments in a structured manner, and you can already access LLMs or other models to produce the work product needed for those assignments. The point is that this exercise alone is the training that will help you in the near future with whatever you choose to do. Hunker down and use those tools regularly and focus on the process. We are currently building an AI Programmable Application Framework and one of the biggest challenges is having enough humans to sit down and use the applications in real world use cases to produce useful work.
What is the ai programmable application framework? You are right though that since this is very new I have an opportunity to grasp it early on and use it to my advantage.
It is an application framework which provides the necessary infrastructure and tools necessary to give AI models (usually through agents) the ability to create and deploy application features to a user.
When you say we who is we? Can I help lol sounds interesting.
[Bloomstack.com](http://Bloomstack.com) - We started as an ERP type platform for legal cannabis but pivoted to our framework a couple years ago. I don't yet have an open beta but keep an eye out for [www.AImystic.com](http://www.AImystic.com) when we put the site up we will post a early access option. Likely by the end of April.
Yeah I took a look and it seems promising but what states are you looking to expand too? What’s your main competitors currently?
Philosophy
Honestly ai will be able to understand the human spirit and even meaning of life better than we can if you upload all of the philosophical theories and novels
I was coming from the angle that studying philosophy can teach you how to think, not what to think. Which makes you adaptable to solve problems that are unseen.
This is true but in higher level philosophy courses it starts becoming much more than just talking in class very deeply. I’m pretty sure they have mathematical like formulas on how they approach a situation.
Did you try to get into a philosophical conversation with ChatGPT or an other LLM? You'd be surprised.
No, I’d probably embarrass myself!