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You're reading from  Generative AI with LangChain

Product typeBook
Published inDec 2023
PublisherPackt
ISBN-139781835083468
Edition1st Edition
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Author (1)
Ben Auffarth
Ben Auffarth
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Ben Auffarth

Ben Auffarth is a full-stack data scientist with more than 15 years of work experience. With a background and Ph.D. in computational and cognitive neuroscience, he has designed and conducted wet lab experiments on cell cultures, analyzed experiments with terabytes of data, run brain models on IBM supercomputers with up to 64k cores, built production systems processing hundreds and thousands of transactions per day, and trained language models on a large corpus of text documents. He co-founded and is the former president of Data Science Speakers, London.
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Economic consequences

Integrating generative AI promises immense productivity gains through automating tasks across sectors – albeit risking workforce disruptions given the pace of change. Assuming computing scales sustainably, projections estimate 30–50% of current work activities will be automatible by 2030, adding $6–8 trillion annually to global GDP. Sectors like customer service, marketing, software engineering, and R&D may see over 75% of use case value. However, past innovations ultimately spawned new occupations, suggesting long-term realignment.

Developed regions are likely to witness faster uptake, displacing administrative, creative, and analytical roles initially. Yet automation extends beyond employment loss – at present, under 20% of US worker tasks seem automatable directly through LLMs. But LLM-enhanced software could transform 50% of tasks, affirming the force multiplication from complementary innovations.

Thus automation’...

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Generative AI with LangChain
Published in: Dec 2023Publisher: PacktISBN-13: 9781835083468

Author (1)

author image
Ben Auffarth

Ben Auffarth is a full-stack data scientist with more than 15 years of work experience. With a background and Ph.D. in computational and cognitive neuroscience, he has designed and conducted wet lab experiments on cell cultures, analyzed experiments with terabytes of data, run brain models on IBM supercomputers with up to 64k cores, built production systems processing hundreds and thousands of transactions per day, and trained language models on a large corpus of text documents. He co-founded and is the former president of Data Science Speakers, London.
Read more about Ben Auffarth