Technology & Al: Impact of Artificial Intelligence on employment

Artificial Intelligence (AI) is changing the global labour market by altering job roles, creating new job opportunities, and displacing some types of work. This paper looks at the two-sided impact of AI on employment, focusing on job displacement, job creation, changes in skill requirements, and socioeconomic effects. The study shows that while AI automates routine tasks, it also improves productivity and increases the demand for new skills. The findings indicate that ongoing learning and policy support are key to ensuring inclusive growth in an AI-driven economy. Artificial Intelligence (AI) has become one of the most influential technologies of the 21st century, affecting economic structures, business practices, and labour markets worldwide. AI refers to the ability of machines and computer systems to perform tasks usually requiring human intelligence, like learning, reasoning, problem-solving, and decision-making. AI is being integrated quickly into various sectors, including manufacturing, healthcare, finance, education, and services. This widespread use has sparked heated discussions about its overall effect on jobs, especially regarding job loss, job creation, and changing work dynamics.