Wednesday, November 6, 2024

The White Collar Revolution by @ttunguz

The most important areas of AI innovation automate white-collar work. Reviewing the BLS’ information on employment for white collar work, I aggregated the info to those classes.

It’s hanging that almost all of them have already got a big variety of AI startups pursuing their ambitions to vary workflows.

Occupation Employment (in tens of millions) AI Know-how
Software program Builders & IT 2.71 Code completion, technology, refactoring, safety evaluation
Schooling & Librarians 2.37 Pc adaptive instruction & testing
Engineers 1.73 AI CAD, building, allowing
Accountants & Auditors 1.38 Automated e book closing & reconciliation ; doc ingestion
Life, Bodily, & Social Science Occupations 1.22 AI radiology, drug discovery, analysis evaluation
Finance 1.13 Public & personal firm diligence, compliance evaluation
Advertising and marketing & PR 0.9 Advert inventive manufacturing, AI design, buyer lifecycle at scale
Administration Analysts 0.88 Powerpoint creation, information evaluation
Legal professionals 0.8 Paralegal automation, opinion & demand letter drafting
Human Sources Specialists 0.73
Medical & Well being Companies Managers 0.49
Gross sales Managers 0.4 Automated gross sales teaching, AI gross sales improvement
Architects, Surveyors, & Cartographers 0.28

Software program engineers have been the primary to profit with Copilot. At present, there’s a panoply of various sorts of AI software program for builders, together with take a look at technology, code refactoring, code technology, & safety evaluation.

Inside training, The promise of laptop adaptive testing and an individualized tutor and the type of Alexander the Nice & Aristotle is feasible.,

Automated doc ingestion & reconciliation for closing books is altering accounting. AI powered monetary due diligence rips by means of public filings, personal placement memoranda, & compliance automation.

Legaltech has surged automating demand letters for private damage, writing briefs for attorneys, & chomping away paralegal work.

We may hold iterating by means of the record. But when a founder needed a listing of jobs to automate, the BLS’ white collar jobs boards is an excellent place to begin. AI will change these workflows & seize a significant fraction of the labor spend.

It’s a roadmap for the White Collar Revolution.

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