Artificial Intelligence and Labour Markets in Southeast Asia: An Empirical Examination
King Fuei Lee
MPRA Paper from University Library of Munich, Germany
Abstract:
The surge in artificial intelligence (AI) has significantly impacted industries and job roles, raising concerns about its effects on labour markets. This study examines AI's influence on employment and wages within the ASEAN region, using a patent-based measure of AI exposure. Findings indicate that while AI generally displaces jobs, the impact varies by country. Most ASEAN countries experienced a reinstatement effect, except Indonesia and Thailand where displacement occurred. Singapore showed a complementarity effect. Education emerges as a key policy tool to counteract AI's negative labour market impacts, encouraging job complementarity.
Keywords: ASEAN; Southeast Asia; artificial intelligence; automation; employment; wages; labour market (search for similar items in EconPapers)
JEL-codes: E24 J24 J62 J64 O33 (search for similar items in EconPapers)
Date: 2024-03
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:123744
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