International Journal of Social Science & Economic Research
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Title:
IMPACT OF AUTOMATION AND ARTIFICIAL INTELLIGENCE ON EMPLOYMENT AND WAGES: AN ANALYSIS

Authors:
Daksh Garg

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Daksh Garg
The Doon School Dehradun, Uttarakhand

MLA 8
Garg, Daksh. "IMPACT OF AUTOMATION AND ARTIFICIAL INTELLIGENCE ON EMPLOYMENT AND WAGES: AN ANALYSIS." Int. j. of Social Science and Economic Research, vol. 9, no. 4, Apr. 2024, pp. 1067-1082, doi.org/10.46609/IJSSER.2024.v09i04.012. Accessed Apr. 2024.
APA 6
Garg, D. (2024, April). IMPACT OF AUTOMATION AND ARTIFICIAL INTELLIGENCE ON EMPLOYMENT AND WAGES: AN ANALYSIS. Int. j. of Social Science and Economic Research, 9(4), 1067-1082. Retrieved from https://doi.org/10.46609/IJSSER.2024.v09i04.012
Chicago
Garg, Daksh. "IMPACT OF AUTOMATION AND ARTIFICIAL INTELLIGENCE ON EMPLOYMENT AND WAGES: AN ANALYSIS." Int. j. of Social Science and Economic Research 9, no. 4 (April 2024), 1067-1082. Accessed April, 2024. https://doi.org/10.46609/IJSSER.2024.v09i04.012.

References

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ABSTRACT:
Automation and artificial intelligence (AI) have vast impacts on the reformation of technology and operational backgrounds in different sectors. Automation refers to the application of machinery and utilisation of technology to complete work with limited human interference. It simplifies the systems and develops performance (Acemoglu & Restrepo, 2018). AI is the formulation of intelligent machines, where machines have the qualities of thought and learn as humans, for example, natural language processing. The technologies can be seen in the industries like manufacturing, healthcare, finance and customer support. Automation and advancement of AI have shaken the productivity and operational procedures (Webb, 2019). The adoption of these technologies shows a substantial transformation of traditional working norms and human interaction.

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