INNOVATIVE TECHNOLOGICAL SOLUTIONS AND THEIR IMPACT ON THE GLOBAL LABOUR MARKET

Authors

  • Yurii Sikorskyi

DOI:

https://doi.org/10.17721/apmv.2024.159.1.146-153

Abstract

At the present stage, the labour market is significantly influenced by the development of technologies, in particular, artificial intelligence. The article analyses current developments in the field of artificial intelligence and their impact on the global labour market. According to Goldman Sachs, global GDP is expected to increase by 7% and labour productivity by 1.5 percentage points over the next decade. Analysts predict that changes in workflows caused by artificial intelligence could affect 300 million jobs worldwide. It is emphasised that historical analysis shows that jobs lost due to automation were compensated by the creation of new ones. It is emphasised that the knowledge and ability to work with artificial intelligence significantly increase the competitiveness of employees in the labour market, which is reflected in higher material motivation. According to the CEPR, specialists with AI skills can earn 8-17% more than the average in the labour market. It is emphasised that the introduction of new technologies requires the adaptation of jobs and the development of new professions, which will contribute to long-term growth and productivity. The proposed strategies for employee adaptation include professional reorientation, continuous training and flexibility. It is reserched that it is important for enterprises to invest in innovation, retraining and flexible organisational structures to remain competitive in the face of rapid changes in the labour market. Further research will include an analysis of state policy in the labour market under the influence of artificial intelligence.

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Published

2024-07-29