THE IMPACT OF ARTIFICIAL INTELLIGENCE ON THE FUTURE OF THE LABOR MARKET
Keywords:
Artificial Intelligence, labor market, automation, job displacement, human augmentation, reskilling, digital literacy, future of work, AI-driven economy, employment transformationAbstract
The rapid advancement of Artificial Intelligence (AI) is transforming the global labor market, presenting both opportunities and challenges. AI technologies, including machine learning, deep neural networks, and generative models, automate routine tasks, enhance productivity, and create new job categories, while simultaneously posing risks of displacement for middle-skill roles. This article examines the dual impact of AI on employment, highlighting how it augments human capabilities in high-skill professions and necessitates the development of uniquely human skills such as creativity, critical thinking, and emotional intelligence. Furthermore, it emphasizes the importance of education, re-skilling programs, and policy interventions to ensure an equitable transition in the AI-driven economy. Understanding these dynamics is essential for workers, educators, and policymakers to navigate the evolving labor landscape effectively.
References
1. OECD. The Impact of Artificial Intelligence on the Labour Market. 2021. https://www.oecd.org/en/publications/2021/01/the-impact-of-artificial-intelligence-on-the-labour-market_a4b9cac2.html
2. Webb, M. Artificial Intelligence and the Future of Work. https://www.michaelwebb.co/webb_ai.pdf


