Search

Browse

• Communities
• Authors
• Year
• Titles
• Subjects

My Space

• Login

How artificial intelligence will transform the job market

Fotiou Rafaela

Full record

---

Summary

The purpose of this paper is to explore how artificial intelligence will transform the labor market. The paper found that the integration of artificial intelligence into various industries has brought many benefits, including enhanced efficiency, accuracy, and productivity. However, as artificial intelligence continues to permeate the global economy, concerns have arisen about its impact on the labor market and the future of work. It also appeared that the introduction of artificial intelligence is poised to replace some repetitive tasks, leading to a reduction in available positions. At the same time, demand for people with AI-related skills will increase, creating employment challenges for those with lower levels of education and income, while favoring those with advanced education and proficiency in AI. Through the work, it became clear that this dynamic has the potential to exacerbate income inequality, resulting in a larger population of unemployed and discouraged individuals. On the other hand, AI also serves as a catalyst for human resource development and promotes a culture of creative thinking in the workforce, requiring a greater level of support from government policies. The study also examines global trends in AI adoption, highlighting disparities between developed and developing nations. Countries like the United States and China lead in AI research and implementation, leveraging their technological infrastructure and economic strength, while developing nations face barriers such as limited access to resources and digital infrastructure. At the same time, the paper underscores the importance of international collaboration and reskilling initiatives, such as Upskill America, to mitigate the disruptive effects of AI and ensure an inclusive transition for workers worldwide. Finally, the paper emphasizes the dual role of AI as both a disruptor and an enabler. It argues that, while AI has the potential to displace jobs, it also offers opportunities to reinvent work and improve quality of life. The findings call for coordinated efforts from policymakers, educators, and industries to foster AI-resilient skills such as creativity, emotional intelligence, and critical thinking. The conclusions provide actionable recommendations to harness AI's transformative power responsibly, ensuring equitable growth and minimizing societal risks.

Available Files

Services