The Effects of Artificial Intelligence on the Job Market
A Look into how AI will affect the Various Job Markets
DOI:
https://doi.org/10.58445/rars.880Keywords:
AI, Unions, Economics, Medical, Agricultural, JobsAbstract
Artificial Intelligence (AI) has become prevalent in many aspects of society. With the capability to complete both basic and complex tasks, it has the potential to transform a large number of jobs. There have been many studies on the capabilities of AI showing that AI can evolve to solve complex problems and tasks. There have also been studies showing that AI can help doctors diagnose diseases in patients. Moreover, AIs like Chat-GPT are free for the public and can write essays, compose music, and create art. But how will this new surge of AI change how people work or use AI in a work environment, are there some things that AI can never do, and if so what are they? By analyzing the effects of AI on multiple fields, the answer to these questions may become clearer. Then synthesizing these together we can get a general outlook on the future of the workplace as AI becomes prevalent. The general trend has been that in the short term, AI will cause a job deficit and in the long run it will increase productivity and job opportunities.
References
-1. Alder, S. (2022, December 16). HIPAA, healthcare data, and Artificial Intelligence - HIPAA Journal. HIPAA Journal. https://www.hipaajournal.com/hipaa-healthcare-data-and-artificial-intelligence/
-2. Chaudhuri, S., Frey, C. B., Greenaway, D., Luh, Y. H., Weiss, M., Acemoglu, D., Aghion, P., Agrawal, A., Ashenfelter, O., Autor, D. H., Berman, E., Bessen, J., Bournakis, I., Chaisemartin, C. de, & Clemens, L. (2021, January 20). Does artificial intelligence affect the pattern of skill demand? evidence from Chinese manufacturing firms. Economic Modelling. https://www.sciencedirect.com/science/article/abs/pii/S0264999321000171
-3. Crawford, K., Whittaker, M., Elish, M. C., Barocas, S., Plasek, A., & Ferryman, K. (2016, September 22). The AI Now Report - Artificial Intelligence Now. AI Now. https://artificialintelligencenow.com/media/documents/AINowSummaryReport_3_RpmwKHu.pdf
-4. Dignum, V. (2018, February 13). Ethics in artificial intelligence: Introduction to the special issue - ethics and information technology. SpringerLink. https://link.springer.com/article/10.1007/s10676-018-9450-z
-5. Eastwood, B. (2023, June 26). Workers with less experience gain the most from Generative AI. MIT Sloan. https://mitsloan.mit.edu/ideas-made-to-matter/workers-less-experience-gain-most-generative-ai
-6. Etzioni, A., & Etzioni, O. (2018, January). Incorporating ethics into Artificial Intelligence (with Oren Etzioni). Research Gate. https://www.researchgate.net/publication/322323719_Incorporating_Ethics_into_Artificial_Intelligence_with_Oren_Etzioni
-7. Finnegan, J. (2020, January 14). For each patient visit, physicians spend about 16 minutes on ehrs, study finds. Fierce Healthcare. https://www.fiercehealthcare.com/practices/for-each-patient-visit-physicians-spend-about-16-minutes-ehrs-study-finds
-8. Green, K. (2019, September 16). How unions can protect the workers vulnerable to automation. UnionTrack®. https://uniontrack.com/blog/unions-and-automation
-9. Grover, V. (2023, September 6). Editorial: Will Ai-generated intellectual capital create broader wealth or wealth for the few?. Journal of Intellectual Capital. https://www.emerald.com/insight/content/doi/10.1108/JIC-09-2023-395/full/html
-10. How, M.-L., Chan, Y. J., & Cheah, S.-M. (2020, August 4). Predictive insights for improving the resilience of global food security using Artificial Intelligence. MDPI. https://www.mdpi.com/2071-1050/12/15/6272
-11. Iacoviello, M. (2023, October 5). Council post: How does artificial intelligence create new jobs?. Forbes. https://www.forbes.com/sites/forbesbusinesscouncil/2023/07/26/how-does-artificial-intelligence-create-new-jobs/?sh=2f4751592586
-12. James, T. A. (2023, April 13). How artificial intelligence is disrupting medicine and what it means for physicians. How Artificial Intelligence is Disrupting Medicine and What it Means for Physicians | HMS Postgraduate Education. https://postgraduateeducation.hms.harvard.edu/trends-medicine/how-artificial-intelligence-disrupting-medicine-what-means-physicians
-13. Jung, J. (2020, August). The potential of remote sensing and artificial intelligence as tools to ... Science Direct. https://www.researchgate.net/profile/Mahendra-Bhandari/publication/344544130_The_potential_of_remote_sensing_and_artificial_intelligence_as_tools_to_improve_the_resilience_of_agriculture_production_systems/links/5f8ddd39458515b7cf8db660/The-potential-of-remote-sensing-and-artificial-intelligence-as-tools-to-improve-the-resilience-of-agriculture-production-systems.pdf
-14. Nissim, G., & Simon, T. (2021, September 14). The future of labor unions in the age of automation and at the dawn of ai. Technology in Society. https://www.sciencedirect.com/science/article/pii/S0160791X21002074#bfn10
-15. Manyika, J., Lund, S., Chui, M., Bughin, J., Woetzel, J., Batra, P., Ko, R., & Sanghvi, S. (2017, November 28). Jobs Lost, jobs gained: What the future of work will mean for jobs, skills, and wages. McKinsey & Company. https://www.mckinsey.com/featured-insights/future-of-work/jobs-lost-jobs-gained-what-the-future-of-work-will-mean-for-jobs-skills-and-wages
-16. Mokyr, J. (n.d.). The history of technological anxiety and the future of economic growth ...
https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.29.3.31
-17. Szczepański, M. (2019, July). Economic impacts of Artificial Intelligence - European parliament. European Parliament. https://www.europarl.europa.eu/RegData/etudes/BRIE/2019/637967/EPRS_BRI(2019)637967_EN.pdf
-18. Trägårdh, E., Enqvist, O., Ulén, J., Jögi, J., Bitzén, U., Hedeer, F., Valind, K., Garpered, S., Hvittfeldt, E., Borrelli, P., & Edenbrandt, L. (2022, August 30). Freely available, fully automated AI-based analysis of primary tumor and metastases of prostate cancer in whole-body [18F]-PSMA-1007 PET-CT. MDPI. https://www.mdpi.com/2075-4418/12/9/2101
-19. Union, C. (2019, March 20). Contract language: Automation & Technology. Culinary Union Local 226. https://www.culinaryunion226.org/blog/contract-language-automation-technology
-20. Wilson, H. J. (2017, March 23). The jobs that Artificial Intelligence will create - maximo. MIT Sloan Management Review. https://www.maximo.ae/media/1306/the-jobs-that-artificial-intelligence-will-create-2-1.pdf
Downloads
Posted
Categories
License
Copyright (c) 2024 Avijit Singh
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.