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Unlocking employer insights: Using large language models to explore human-centric aspects in the context of industry 5.0

Andrius Grybauskas and Jeisson Cárdenas-Rubio

Technological Forecasting and Social Change, 2024, vol. 208, issue C

Abstract: This paper aims to enhance the understanding of Industry 5.0 by introducing an innovative AI-based methodology that proficiently maps employer expressions related to well-being using job postings. This process involves creating a comprehensive dictionary of well-being expressions, which is then compared with existing academic literature. This approach facilitates empirical well-being analysis from employers’ perspectives. Bridging theoretical and practical realms, we offer valuable insights to academia and industry about well-being (human-centricity) interpretation by employers. The findings highlight UK employers’ prioritisation of self-realisation and a positive work atmosphere to attract job seekers. Nonetheless, many vacancies do not explicitly emphasise well-being to attract potential workers.

Keywords: Industry 5.0; Job vacancies; LLM; Well-being; Human-centricity (search for similar items in EconPapers)
JEL-codes: J28 J63 L23 L86 O33 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:208:y:2024:i:c:s0040162524005171

DOI: 10.1016/j.techfore.2024.123719

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