Year: 2024
Type: article
Abstract: Artificial Intelligence (AI) is poised to transform industries, reshaping the workforce and societal structures.This research article explores AI's implications, economic impact, industry influence, job creation, job displacement, and ethical considerations.AI revolutionizes operations across diverse sectors, from IT and finance to healthcare and transportation.It enhances processes, security measures, customer engagement, and efficiencies, reshaping the key industries.However, certain sectors like the Chemical and Natural Resources, Fashion, Food, Education, Creative, and Personal Services industries appear less susceptible to AI disruption due to their reliance on human creativity, personalized interactions, and specialized expertise.The article also discusses the future of AI and provides recommendations on how the workers and companies can prepare for AI.
Source: Informatica Economica
Author: Muhammed MIAH
Institution: Tennessee State University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4395077124