Job Market in the Era of Illiberalism, Trade Wars, Artificial Intelligence and Big Data: A Study

This article aims to scrutinise the job markets and the impacts on jobs due to quite new themes which the world has witnessed, such as rise of illiberal democracies, trade wars between nations, artificial intelligence and big data. It is quite interesting to see the impact of ideologies of states on the jobs they create. Artificial intelligence is going to be a huge disruptor and so is managing of big data by companies. Based on the secondary data already available and the literature review, this article argues that job markets get impacted by the ideology of states, which in turn leads to trade wars. In a similar breath, data show that artificial intelligence and big data are going to create new ‘haves’ and ‘have-nots’ in the world. The answer to this problem lies in regulating the artificial intelligence climate and bringing in new rules for the game where big players operate, which amass humongous data. Rules should be framed in a way so that digitally deprived people do not lose their jobs.