AI’s rapid evolution brings efficiency and innovation, but also disrupts labor markets, accelerating job displacement across industries.
Authors
Mohan Kumar, SGT University, India
Alka Sanjeev, SGT University, India
Leena Sachdeva, Assistant Professor, Jindal Global Business School, O.P. Jindal Global University, Sonipat, Haryana, India
Huy Hung Ta, International School, Vietnam National University, Hanoi, Vietnam
Summary
Artificial intelligence (AI) has rapidly evolved from theoretical models to real-world applications that impact every sector of the global economy. While AI promises increased efficiency, productivity, and innovation, it also brings significant disruption to traditional labor markets. The transition from industrial automation to AI-driven decision-making has accelerated job displacement across both blue-collar and white-collar industries. This chapter explores the historical context of job displacement due to AI, the sectors most at risk, and potential strategies for mitigating the economic and social consequences of this transformation.
Published in: Global Work Arrangements and Outsourcing in the Age of AI
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