Artificial intelligence: Its impact on employability

Gomes Rickardo 1, * and Santos Meiriele 2

1 Department of the Euvaldo Lodi Institute (IEL), and Postgraduate Department of the Farias Brito University Center (FBUNI), Fortaleza, Ceará, Brazil.
2 Financial and Tax Management Specialist from Farias Brito University Center (FBUNI), Fortaleza, Ceará, Brazil.
 
Review Article
World Journal of Advanced Research and Reviews, 2023, 18(03), 198–203
Article DOI: 10.30574/wjarr.2023.18.3.1056
 
Publication history: 
Received on 22 April 2023; revised on 02 June 2023; accepted on 04 June 2023
 
Abstract: 
Artificial Intelligence (AI) has had a significant impact on employment worldwide. While AI has the potential to automate repetitive tasks and improve efficiency and accuracy in many areas, it is also true that many jobs can be replaced by intelligent machines and algorithms. This can lead to job losses in some areas but can also create new employment opportunities in technology and AI-related sectors, such as software development and data engineering. A qualitative approach developed through bibliographic research was adopted in this study. The overall objective of this study is to examine the impacts of artificial intelligence on employment. The study demonstrated the relationship of the Compensation Theory with the labor market, where it is possible to identify a movement of worker adaptation to new technologies, as, once again in history, revolution demands an evolution in the way of working and in the skills of each individual. These skills are necessary to maintain employability and professional relevance in an increasingly competitive environment. In addition, the study highlights that the topic requires discussions around the regulation of the limits of new technologies in the corporate environment and beyond. 
 
Keywords: 
Artificial Intelligence; Employment; Compensation Theory; Industry 4.0.
 
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