When asked about this, OpenAI CEO Sam Altman said the technology will never destroy the job market. Rather, this technology will solve things that people never know about. Since all tasks can be solved easily through this technology, this bot system may be used instead of humans in various work fields.
If this technology is used in the workplace, many people will lose their jobs.
Short Answer --> AI (current AI) can not replace or destroy the job market
Long Answer --> Let's understand a scenario first, back in the 2000s or maybe before it many code or program code maker applications were developed which could write some lines of code to make a program and people used to say this will replace programmers job (resource --> heard it in an interview),
Second scenario is when Tesla represented its idea of the automatic cars (autopilot) and many people debated how it will end the career of Taxi, Uber, etc.
Now, we can check in the past there were many technologies that made people think that they will replace human labor. No wonder many machines have been successful enough to replace humans such as in the industrial production of cars, bikes, and other things but still there is a need for humans to operate them, even if you are using a Tesla you have to keep pre-cautions or if you are using those program code generators before the 2000s, you still need a human to give a good command so that you could generate a code output.
The point is, AI might destroy the jobs by reducing the number of job holders but job holders will find another way as they will elevate their level of skills which is much better for the evolution of new technologies. if you didn't understand my point then take an example again. Let's take my example, i am a computer science student who studies in a low-grade University where teachers do not know how to teach as they are not experts in the subjects they are teaching us, So i personally depend on ChatGpt to get answers to my every query even i ask gpt to read long research papers for me and shorten it to few paragraphs for easy reading When i do not understand something i just put a simple command " i am not a technical person please help me to understand this topic" and boom it teaches me better then my teachers, and you assume if i am learning better, whose benefit in it, (ok i am not that bright student but let's replace a bright one with me) then how much impact he could make with enhance and understandable knowledge he is acquiring.