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A Review paper on the Impact of Artificial Intelligence on the Job Market

Authors :
Ravi Tailor
Sachin Jain
Anupriya Kamble
Source :
International Journal of Advanced Research in Science, Communication and Technology. :68-73
Publication Year :
2023
Publisher :
Naksh Solutions, 2023.

Abstract

Artificial intelligence (AI) has revolutionized various industries, and its impact on the job market is significant. While AI has the potential to automate repetitive and time-consuming tasks, it also presents new job opportunities that require expertise in data analysis, software engineering, and machine learning. The paper provides an overview of the current state of the job market and the challenges it faces, and explains how AI is transforming the job market, including its impact on job creation and destruction, skill requirements, and wage distribution. The paper analyzes the job market trends from 2019 to 2023 based on the latest research and reports, and discusses the implications of AI for the workforce and policymakers. The paper concludes with some recommendations for future research and policy interventions. It discusses the benefits of AI, such as increased productivity, efficiency, and accuracy, and highlights the challenges that AI poses, including the displacement of certain jobs and the need for retraining workers. The review paper also discusses how AI is impacting workplace safety and health, including both the potential benefits and the new hazards that AI presents. Finally, the review paper explores the policies and regulations needed to ensure that AI is used ethically and responsibly in the job market. Overall, this review paper aims to provide a comprehensive understanding of the impact of AI on the job market and its implications for workers, businesses, and society

Details

ISSN :
25819429
Database :
OpenAIRE
Journal :
International Journal of Advanced Research in Science, Communication and Technology
Accession number :
edsair.doi...........805851afee9a3496a77593984e248856