"AI's Impact on White-Collar Jobs: High Upside, High Risks"

The release of ChatGPT in 2022 sparked a surge in AI-related job opportunities, with companies like Meta, Netflix, and Amazon hiring workers to develop AI models and offering high salaries. While AI may replace some jobs, it is also predicted to create new roles, leading to a wave of investment in hiring across industries. However, the AI job market is still in an experimental phase, with companies hiring for temporary contract or freelance roles as they navigate how to best utilize AI technology. Economists and experts caution that while the upside of working in AI is high, there are also risks, and advise job seekers to possess transferable skills and not put all their eggs in one basket.