Analysis of the impact of technological progress such as artificial intelligence on employment

The principle of comparative advantage determines the optimal allocation of human resources to appropriate positions. Thus, in areas that require social, emotional, creative, or comprehensive abilities, humans can analyze tasks more comprehensively than AI, thereby establishing a comparative advantage in the job market. 2. New technology implementation costs, such as legal, political, and other technology promotion expenses, far exceed the cost of developing the technology itself. With these constraints, technological progress is unlikely to cause immediate social unrest and mass unemployment. In addition, by classifying occupations, this paper finds that new technologies can only eliminate a few completely obsolete occupations. Still, with the penetration of new technologies in the social field, new occupations in the technical field are created. Second, new technologies also raise human work by changing the nature of most occupations and reshaping how work is done. This paper concludes that despite the continuous development of advanced technology, most of the labor force is unlikely to be unemployed.

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Publication Details

Journal
Advances in Education Humanities and Social Science Research
Published
2024-11-26
DOI
https://doi.org/10.56028/aehssr.12.1.463.2024
Primary Topic
Impulse Buying and Technology Impacts
Type
article
Field-Weighted Citation Impact
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article

Analysis of the impact of technological progress such as artificial intelligence on employment

K.K.-C. Chan
Advances in Education Humanities and Social Science Research
Impulse Buying and Technology Impacts
article

Analysis of the impact of technological progress such as artificial intelligence on employment

K.K.-C. Chan
article en

Abstract

The principle of comparative advantage determines the optimal allocation of human resources to appropriate positions. Thus, in areas that require social, emotional, creative, or comprehensive abilities, humans can analyze tasks more comprehensively than AI, thereby establishing a comparative advantage in the job market. 2. New technology implementation costs, such as legal, political, and other technology promotion expenses, far exceed the cost of developing the technology itself. With these constraints, technological progress is unlikely to cause immediate social unrest and mass unemployment. In addition, by classifying occupations, this paper finds that new technologies can only eliminate a few completely obsolete occupations. Still, with the penetration of new technologies in the social field, new occupations in the technical field are created. Second, new technologies also raise human work by changing the nature of most occupations and reshaping how work is done. This paper concludes that despite the continuous development of advanced technology, most of the labor force is unlikely to be unemployed.

Advances in Education Humanities and Social Science ResearchVol. 12(1)
BASIS International (United States) (US)
Openalex Percentile: Top 71%
Impulse Buying and Technology Impacts
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