The Impact of Artificial Intelligence on the Labor Market and Economic Models

Abstract

The use of artificial intelligence in various areas of economic activity is transforming the labor market. AI creates both new opportunities and challenges for the state, employers, and employees. One of the positive impacts in the economic sphere is the automation of processes with the help of AI, which leads to increased productivity and reduced costs. However, there are also problems caused by AI, such as the disappearance of certain professions related to logistics, finance, and services from the labor market. This research article analyzes the positive and negative effects of AI on the labor market and economic models. The changes brought about by the integration of AI into production processes require development in the field of education for a more flexible transition to the digitalization of the economy and encourage the transformation of the labor market. CZU: 331.5:004.8; JEL: J23, O24