Per Fortune
Nobel Prize-winner Christopher Pissarides says ChatGPT could open the doors to a four-day week
4/14/2023
The four-day workweek has recently been the topic of discussion for some companies as a recent study yielded positive results. Now, Nobel Prize-winner Christopher Pissarides said that ChatGPT could open the door to the four-day week.
Pissarides gave his thoughts on adopting artificial intelligence in the workplace, saying that AI-backed chatbots could be accepted rapidly by the labor market. He gave a statement sharing his optimism on how it would improve productivity.
Pissarides: “I’m very optimistic that we could increase productivity... We could increase our well-being generally from work and we could take off more leisure. We could move to a four-day week easily.”
Pissarides is a London School of Economics professor and Nobel Prize-winning labor economist. His comments differ from others talking about their concerns regarding how artificial intelligence would lead to the loss of jobs.
The professor previously won a Nobel Prize in economics for his work regarding friction in the labor market. He highlighted the positive effects of artificial intelligence, saying it would take away the boring work and leave the "interesting stuff" for humans.
Pissarides: “There’s just no limit to how much work humanity could generate if they really want to work... 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.”
Prompt engineers for AI, including ChatGPT, are paid up to $335,000. It was also reported that from January 2 to 23, mentions of ChatGPT were up by 107%.
Researchers from the University of Pennsylvania and OpenAI said that college graduates that were working in tech and earned $80,000 a year were the group that would be most affected by the impacts of ChatGPT. This came as the researchers tried to discover the effects of GPT-4 on the American workforce.
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Other News:
- Prompt engineers for AI, including ChatGPT, are getting paid up to $335,000
- Researchers pinpoint a specific group of people to especially be impacted by ChatGPT: college graduate, tech worker, and $80,000 earner
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