9 Ways AI Could Impact Your Job (And Life) Right Now

AI has already changed the job market and the way we live life for good — but not necessarily always for the better.
Updated June 6, 2024
Fact checked
chatbot on laptop computer

We receive compensation from the products and services mentioned in this story, but the opinions are the author's own. Compensation may impact where offers appear. We have not included all available products or offers. Learn more about how we make money and our editorial policies.

From your banking app to your web browser, artificial intelligence (AI) is on the way to becoming an essential aspect of just about every program, service, or app you use.

But while many experts praise the perks of AI, there are also some major drawbacks to the emerging technology — many of which are already impacting the job market and lives across the country.

Here are some of the ways AI technology is negatively our lives and jobs. Knowing about these issues can help you protect your financial fitness.

Earn money online by taking surveys

$55,000 might sound crazy … but with a company called Survey Junkie, it’s possible to get your share of it every day by taking their surveys in your extra time.

Follow these simple steps to start earning:

  1. Sign up for an account with Survey Junkie here.
  2. Take surveys.
  3. Repeat daily and get paid for sharing your opinion!

P.S.: You can cash out with as little as $5 through PayPal or bank transfer, or transfer to gift cards from a number of stores.

Get your share of $55,000 daily by signing up here

It gives future hires — and students — another way to cheat

Kaspars Grinvalds/Adobe home screen of chatgpt

Plagiarism is nothing new, of course. But thanks to tools like ChatGPT, it’s now easier — and cheaper — than ever to produce content, reports, and all kinds of information and pass it along as thought-out work and research, which can be a dangerous thing. 

According to a poll conducted by The Stanford Daily in January 2023, 17% of students at Stanford had used ChatGPT in an academic capacity. And while most students said they used the tool to brainstorm, 5% admitted to submitting AI-generated content for a class assignment.

Dishonest students and workers who use ChatGPT to get an unfair advantage are unlikely to be great hires or bring good value to businesses from all kinds of industries in America.

It can promote bias

tippapatt/Adobe working on laptop computer

Technology is only as unbiased as the humans who build it — which is another way of saying it isn’t objective at all.

For instance, generative AI learns from the material it was trained on. So, the biases built into our current social systems are reflected in what AI can produce.

That bias can quickly become a problem for companies using AI and employers who start relying on it to produce their work. 

It creates copyright trouble

Vane Nunes/Adobe ai image generator app

Generative AI — which produces content such as text and images — doesn’t actually create something from nothing. Instead, it learns patterns and creates something new based on these patterns.

For example, generative AI can consume vast amounts of data and then give predictive answers to questions based on the rules it learned from what it consumed. 

But real humans often crafted the materials these AI tools consume. And those human creators might not have given tech companies permission to train AI tools on the creators’ works.

Resolve $10,000 or more of your debt

Credit card debt is suffocating. It constantly weighs on your mind and controls every choice you make. You can end up emotionally and even physically drained from it. And even though you make regular payments, it feels like you can never make any progress because of the interest.

National Debt Relief could help you resolve your credit card debt with an affordable plan that works for you. Just tell them your situation, then find out your debt relief options.1

How to get National Debt Relief to help you resolve your debt: Sign up for a free debt assessment here. (Do not skip this step!) By signing up for a free assessment, National Debt Relief can assist you in settling your debt, but only if you schedule the assessment.

Try it

It could disrupt many industries

daviles/Adobe man watching streaming series

Last year’s writer’s strike — which focused largely on the use of AI in the film industry — shut down Hollywood for months on end, impacting the entertainment industry immensely. 

Studios eventually largely met strikers’ demands for protections against AI. However, the five-month strike could foreshadow bigger problems down the road in industries beyond Hollywood.

Now, other industries are just as susceptible to strikes, salary cuts, and other disruptive consequences of AI's implementation into businesses of all sorts. 

It creates troubling new privacy issues

chinnarach/Adobe social media addiction concept

It's worrisome to think of AI tools that may use datasets that include content you have personally posted online, From Facebook posts to Reddit comments.

Especially considering most job applications are filled out online, and so much of our lives happens through the internet, from medical insurance to bank account management.

If you are uncomfortable with that, there is not much you can do for now besides making your social accounts private. Of course, that defeats the purpose of maintaining a Facebook page for your small local restaurant or freelance business.

It helps misinformation spread

irissca/Adobe chatgpt on screen

Generative AI doesn’t think for itself. All it knows is the information it’s been fed — even if that information isn’t accurate. That means the answers the AI tool produces won’t always be accurate, either.

Google’s new AI Overviews tool has already hammered this point home by recommending readers eat a rock a day. That suggestion was based on tongue-in-cheek “advice” from the satirical publication The Onion.

If Google doesn’t sort out its AI issues soon, it will be harder than ever to distinguish between truth and lies online — including about matters related to businesses and their customers.

It might mean financial disaster for all content creators

terovesalainen/Adobe ai prompt chat bot

Generative AI is increasingly used to create and edit content. That could be bad news for writers, including copywriters and authors of other materials.

AI also is making its presence felt in journalism. While the technology can be used as a tool in reporting, some critics worry that it could replace reporters altogether.

It is making user reviews less trustworthy

WrightStudio/Adobe customer satisfaction review

It’s always been wise to take passionate user reviews with a grain of salt. But at least in the past, you could usually count on the fact that the writer was a real person who had an experience with a product or service.

That is not necessarily the case anymore: Research from Yale University shows that readers are already unable to distinguish between AI-generated and human-written Yelp-style reviews.

It is creating customer service headaches

terovesalainen/Adobe live chat with customer help

Odds are you already struggle to reach a real human whenever you call a customer service line. And that trend might get worse thanks to AI.

As more companies incorporate AI technology and replace live agents with chatbots, navigating the customer service telephone tree could become even more frustrating.

Earn cash back on everyday purchases with this rare account

Want to earn cash back on your everyday purchases without using a credit card? With the Discover®️ Cashback Debit Checking account (member FDIC), you can earn 1% cash back on up to $3,000 in debit card purchases each month!2

With no credit check to apply and no monthly fees to worry about, you can earn nearly passive income on purchases you’re making anyway — up to an extra $360 a year!

This rare checking account has other great perks too, like access to your paycheck up to 2 days early with Early Pay, no minimum deposit or monthly balance requirements, over 60K fee-free ATMs, and the ability to add cash to your account at Walmart stores nationwide.

Don’t leave money on the table — it only takes minutes to apply and it won’t impact your credit score.

Apply for a Discover Cashback Checking account today

Bottom line

irissca/Adobe chatgpt for content creators

If you are wary of AI, you are not alone. Plenty of AI-related lawsuits are already working their way through the courts.

No matter how those cases play out, the end result will hopefully be a clear set of laws that can help people get ahead financially instead of taking steps back as we make sense of AI’s role going forward.

In the meantime, AI has the potential to ruin many aspects of the job market. So, exercise care when dealing with businesses, both in terms of jobs and from a consumer perspective.

Choice Home Warranty Benefits

  • First month free
  • Protection for unexpected expense
  • 24/7 claims hotline
  • Network of over 15,000 technicians

Author Details

Michelle Smith Michelle Smith has spent a decade writing for and about small businesses. She specializes in all things finance and has written for publications like G2 and SmallBizDaily. When she's not writing for work at her desk, you can usually find her writing for pleasure near large bodies of water.