Impact of AI on Employment Trends: Studying Automation, Workforce Shifts, and Labor Economics
Abstract
The rapid advancement of Artificial Intelligence (AI) and automation technologies has significantly influenced global employment trends. This article explores the multifaceted impact of AI on the workforce, focusing on automation, workforce shifts, and labor economics. By analyzing existing literature, case studies, and empirical data, this study aims to provide a comprehensive understanding of how AI is reshaping job markets, the nature of work, and the broader economic landscape. The findings suggest that while AI-driven automation has led to job displacement in certain sectors, it has also created new opportunities and demand for skilled labor. The article concludes with policy recommendations to mitigate adverse effects and harness the benefits of AI for sustainable economic growth.
How to Cite This Article
Dr. Priya Sharma (2024). Impact of AI on Employment Trends: Studying Automation, Workforce Shifts, and Labor Economics . Global Multidisciplinary Perspectives Journal (GMPJ), 1(6), 17-18.