Work

AI and Workforce Dynamics: Unravelling Productivity

Year: 2024
Type: article
Abstract: This study examines how artificial intelligence (AI) affects worker productivity, emphasising AI's capacity to automate jobs, reduce errors, and optimise workflows. It emphasises the need for dynamic reskilling initiatives and company-school cooperation to provide workers with the necessary skills. Using a two-log econometric model, the study examines the association between AI patents and productivity. It observes that the effects of AI differ across industries, with less automation in positions requiring creativity and emotional intelligence. The paper also suggests more research and examines the relationship between productivity and R&D costs, physical assets, and non-AI patents.
Source: Sosyoekonomi
Language: English
Open Access status: diamond
OpenAlex ID: W4405930447
FWCI: 0.356
Cites: 41
Cited by: 1
Related to: 10