The Dynamics of the ICT Workforce and the Effects on the Use of Artificial Intelligence Technologies in the European Union

Pantelimon Florin-Valeriu (), Posedaru Bogdan-Stefan (), Toader Liviu-Andrei (), Dulgheru Mihai-Nicolae () and Georgescu Tiberiu-Marian ()
Additional contact information
Pantelimon Florin-Valeriu: Bucharest University of Economic Studies, Bucharest, Romania
Posedaru Bogdan-Stefan: Bucharest University of Economic Studies, Bucharest, Romania
Toader Liviu-Andrei: Bucharest University of Economic Studies, Bucharest, Romania
Dulgheru Mihai-Nicolae: Bucharest University of Economic Studies, Bucharest, Romania
Georgescu Tiberiu-Marian: Bucharest University of Economic Studies, Bucharest, Romania

Proceedings of the International Conference on Business Excellence, 2024, vol. 18, issue 1, 3490-3502

Abstract: This paper represents an analysis made using statistical methods of the influence of the number of Information and Communication Technology (ICT) specialists on the number of businesses that use and invest in technologies based on artificial intelligence (AI). Throughout the article, the authors analyze two sets of statistical data collected by Eurostat: the share of ICT specialists in the overall active population and the number of companies that use and invest in AI technologies, both datasets referring to the European Union. Using several statistical methods, such as normality tests, correlation analysis and regression analysis on the datasets, the results show that the relation between the number of ICT specialists and the number of businesses that use and invest in AI technologies is a positive one, which means that the bigger the share of ICT specialists in the overall active population, the more businesses will adopt and use AI technologies. Therefore, the conclusions emphasize the important role that ICT specialists play when discussing about raising the rate of adoption of newer technologies, based on AI and the content of the paper underlines the fact that the more businesses and companies use and invest in AI, the more these technologies will be used in other industries as well, such as finance and education, the least playing a critical role in forming the next generation of ICT specialists with a strong knowledge in the AI field. The role these specialists play in growing the rate of adoption of AI technologies is also confirmed by the literature review. Moreover, the paper also presents a series of conclusions relevant to entrepreneurs and teachers that are willing to include these kind of technologies into their daily activities and also a series of measures to stimulate the rate of adoption of artificial intelligence based technologies in the European Union.

Keywords: Artificial intelligence; Information and Communication Technology (ICT); Correlation analysis; ITC Workforce dynamics (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/picbe-2024-0283 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:poicbe:v:18:y:2024:i:1:p:3490-3502:n:1049

DOI: 10.2478/picbe-2024-0283

Access Statistics for this article

Proceedings of the International Conference on Business Excellence is currently edited by Alina Mihaela Dima

More articles in Proceedings of the International Conference on Business Excellence from Sciendo
Bibliographic data for series maintained by Peter Golla ().