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"Generative AI Impact on Labor Market: Analyzing ChatGPT's Demand in Job Advertisements"

Generated below podcast on this paper with Google's Illuminate.

Numbers tell us precisely how companies are using ChatGPT in real jobs.

The study analyzes ChatGPT-related job demand by examining 1,128 U.S. job postings, revealing how employers are integrating Gen AI skills across different industries and roles.

https://arxiv.org/abs/2412.07042

Methods used in the Paper 🛠️:

→ The researchers collected and analyzed job postings from Indeed, LinkedIn, and ZipRecruiter between May-December 2023.

→ They used text mining and topic modeling to extract ChatGPT-related skill requirements from job descriptions.

→ The study applied Named Entity Recognition to classify job roles and identify skill patterns.

→ They mapped findings to O*NET occupation categories to understand skill distribution across industries.

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Key Insights from this Paper:

→ Software Developers represent 20% of ChatGPT-related job postings

→ Marketing roles occupy 3 of the top 5 most demanded positions

→ Identified 5 distinct ChatGPT skill sets: general familiarity (41.8%), creative content (14.5%), marketing (12.7%), advanced functions (16.3%), product development (14.8%)

→ Found 69 unique occupation titles across 9 O*NET families

→ California, Texas, New York, Florida account for 50% of postings

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