Unveiling the Evolutionary Impact of Artificial Intelligence on the Workforce

Muhammed Miah ()

Informatica Economica, 2024, vol. 28, issue 1, 39-58

Abstract: Artificial Intelligence (AI) is poised to transform industries, reshaping the workforce and societal structures. This research article explores AI's implications, economic impact, industry influence, job creation, job displacement, and ethical considerations. AI revolutionizes operations across diverse sectors, from IT and finance to healthcare and transportation. It enhances processes, security measures, customer engagement, and efficiencies, reshaping the key industries. However, certain sectors like the Chemical and Natural Resources, Fashion, Food, Education, Creative, and Personal Services industries appear less susceptible to AI disruption due to their reliance on human creativity, personalized interactions, and specialized expertise. The article also discusses the future of AI and provides recommendations on how the workers and companies can prepare for AI.

Keywords: Artificial Intelligence; AI; Impact; Workforce (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:aes:infoec:v:28:y:2024:i:1:p:39-58

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