How will automation and artificial intelligence affect employment patterns in the future?

How will automation and artificial intelligence affect employment patterns in the future?

Automation and artificial intelligence (AI) will have a significant impact on employment patterns in the future. While AI and automation are replacing many jobs, certain human qualities such as intuition and empathy are still difficult for AI to imitate [1] . The advancements in AI and robotics will lead to job destruction but also job creation, as the value of hiring workers increases with the prospect of automating jobs [2] [3] . The long-run employment might fall, but not massively, and employment is likely to rise if consumers value human interactions [4] [5] . The COVID-19 pandemic has further […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.