PARTICIPATING IN A HIGHLY AUTOMATED SOCIETY: HOW ARTIFICIAL INTELLIGENCE DISRUPTS THE JOB MARKET
PARTICIPATING IN A HIGHLY AUTOMATED SOCIETY: HOW ARTIFICIAL INTELLIGENCE DISRUPTS THE JOB MARKET
Author(s): Marek Vochozka, Tomáš Klieštik, Jana Klieštiková, GRAȚIELA SIONSubject(s): Business Economy / Management, Human Resources in Economy
Published by: Addleton Academic Publishers
Keywords: highly automated society; artificial intelligence; job market;
Summary/Abstract: We inspect the relevant literature on how artificial intelligence disrupts the job market, providing both quantitative evidence on trends and numerous in-depth empirical examples. Building our argument by drawing on data collected from Accenture, The Economist, Frontier Economics, PitchBook, Tractica, we performed analyses and made estimates regarding the impact of artificial intelligence on industry output: real gross value added in 2035 (US$ trillions), number of AI use cases by industry with high job impact, global merger-and-acquisition activity related to artificial intelligence (number of deals and value, $bn), and the economic impact of AI on countries: annual growth rates by 2035 of gross value added (a close approximation of GDP).
Journal: Economics, Management, and Financial Markets
- Issue Year: 13/2018
- Issue No: 4
- Page Range: 57-62
- Page Count: 6
- Language: English
- Content File-PDF