Analyzing the effects of artificial intelligence on the future of the labor market in the global economic environment

Abstract

Artificial intelligence is a rapidly developing field that has the potential to have a profound impact on society and the economy. It is expected that artificial intelligence will create new opportunities, especially new jobs in many areas such as, healthcare, education, information and communications technology, transportation, and logistics services. However, artificial intelligence is expected to cause job losses almost in all sectors, especially industrial, agricultural, transportation, health, and others. the impact of artificial intelligence on unemployment rates depends on two basic factors: The prevalence of AI applications, and the nature of the job. Jobs that involve repetitive, boring, or dangerous tasks are also more likely to be at risk, The paper adopt the hypothesis that artificial intelligence technology will have many negative and positive effects on jobs creating losses. The importance of the research stems from the great role artificial intelligence play in the lives of societies at the level of global economies. The AI term has become commonly used and requires clarifying it's importance for the labor market and playing more attention by all companies and institutions.