The Impact of Artificial Intelligence (AI) on Workforce in Emerging Economies
Keywords:
artificial intelligence, robotics, emerging economics, low skills, workforce, automation, machine learning
Abstract
This paper comprises of an analysis of the impact of artificial intelligence (AI) on workforce in emerging economies. Artificial intelligence can do remarkable things to make people life easier and also in the business world, it uses make the organization smarter and faster. On the other hand AI has the capability to replace many more work tasks which are rulebased and monotonous, and which do not need great skill or empathy. This paper will illustrate a literature about the influence and impression of artificial intelligence on workforce in developing economies from the year 2017 to 2025. Artificial Intelligence is specific and has enormously strong development implications and also AI has its worse, smack and illustrate it as a malicious object of taking human society, job and also dominating the world. In developed economies, for instance, AI has replaced well over half of the jobs in the car and related industries in recent decades. Similarly, AI enabled technologies are leading towards significant job losses in the emerging economies as well. On the basis of theoretical knowledge, research methodology, discussion, findings and analysis this paper will explain a comparative analysis of the impact of artificial intelligence in emerging economies labor-force. A secondary research has been conducted in a theme and analyzed. The result shows that, about 40% of jobs in Europe are at risk towards AI over the coming decades, almost half of jobs in the USA, and an even greater share in developing countries, but AI will produce as many new jobs as those lost to robots those new jobs will be focused on certain parts of the developed world, and that the developing world will miss out.
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Published
2019-07-15
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Copyright (c) 2019 Authors and Global Journals Private Limited
This work is licensed under a Creative Commons Attribution 4.0 International License.