Fear for AI layoff dey over blow, crypto jobs dey risk for automation
White House adviser David Sachs dey downplay fear wey people get about AI layoffs, talk say artificial intelligence still need human supervision to bring better value. E talk say AI na like workflow "middle-man" and important decisions still dey human hand. Microsoft Research recent study of 200,000 Bing Copilot chats show say reporting and copywriting be the most roles wey fit get automated, with scores of 0.38–0.39. Market analysts and data scientists get scores of 0.35–0.36. The cryptocurrency industry don see drop for job vacancies, wey follow slow hiring rate for US – only 73,000 jobs for July instead of 100,000 wey dem predict. Former Coinbase CTO Balaji Srinivasan add say today AI models dey replace old algorithms not humans, mention Midjourney over Stable Diffusion and GPT-4 over GPT-3. The results dey support the idea say AI layoffs fit dey overhyped but some specific jobs still dey risk.
Neutral
Di ni news no neutral for crypto market dem. Even though di dey less vacant job dem mean say people dey careful for crypto labor market, di way dem like White House adviser David Sachs dey talk say AI layoff no too bad dey reduce scare. Automation threat dey only affect certain work like reporting and copywriting dem, e no directly affect token price. Historically, warning wey dey about AI job cuts no really affect cryptocurrency value much. Traders go likely hold their position for short time, dey wait for strong macroeconomic or regulatory reason. For long term, AI tool fit make blockchain analysis and trading better, e go cover any worry about job.