The Transformation of Labor Markets in the Age of Automation
Keywords:
automation, labor markets, AI, job displacement, skills developmentAbstract
This article explores the transformative effects of automation and artificial intelligence on labor markets worldwide. It reviews current trends in robotics and machine learning, assessing their impact on job displacement and creation. The paper uses econometric analysis to predict future employment scenarios across various industries. It also considers policy interventions that could support workforce transitions and promote skills development. By addressing both the challenges and opportunities of automation, the research provides a comprehensive overview of its socioeconomic implications, offering insights into how economies can adapt to and benefit from these technological advancements.
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