The interrelation between the development of artificial intelligence technologies and the global economy and labour market

Alla Khanenko

Management and Business Articles, 2025, vol. 2, issue 2, 52-61

Abstract: The supporting, and increasingly leading, role of artificial intelligence (AI) was observed to become more evident across multiple spheres of public life. AI, encompassing a broad range of sectors, was found to exert growing influence on the development of modern business, facilitating the implementation of more efficient and innovative management methods. The aim of the article was to examine the impact of AI on the development of the global economy and the world labour market, to identify the interrelation between AI advancement and national economic growth, and to highlight, within the informational space, the historical influence of technological revolutions on reducing labour demand. To achieve this objective, a comprehensive range of theoretical research methods was employed, including monitoring, statistical analysis, comparative and systems analysis, verification, synthesis and generalisation, analysis of existing approaches, and assessment of efficiency and effectiveness. Academic publications were used as source material. The economic sectors most actively adopting AI technologies were identified, with an emphasis placed on their potential for further development. The findings indicated that the most active business sectors in implementing AI technologies included retail, IT and telecommunications, healthcare, the automotive industry, tourism and hospitality. The analysis confirmed that the integration of AI technologies into business operations had the potential to significantly increase company revenue, enhance operational efficiency, and improve competitiveness. A growing number of companies worldwide were found to be engaged in the development of AI solutions, ranging from general-purpose tools to highly specialised products. Recommendations were presented regarding potential strategies for addressing challenges associated with the implementation of generative AI technologies and their impact on the formation of the Ukrainian labour market

Keywords: unemployment; generative artificial intelligence; automation; intelligent robots; information technologies (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://emsesd.com.ua/web/uploads/pdf/Managementan ... ,No.2,2024-52-61.pdf (application/pdf)

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:bdw:emsesd:v:2:y:2025:i:2:p:52-61

DOI: 10.59214/mb/2.2024.52

Access Statistics for this article

More articles in Management and Business Articles from Management and Business
Bibliographic data for series maintained by Management and Business ().