Technological progress and unemployment

With the continuous advancement of technology, more and more traditional positions are disappearing. This phenomenon is receiving increasing attention. Based on the above concerns, this article analyzes the impact of high-tech technological progress represented by artificial intelligence and automation technology on the labor market from the perspectives of skill biased technological change (SBTC) and labor market polarization theory. The study found that factors such as the pace of technological progress, labor retraining, employment policies, the speed of economic development, and social attitudes all have an impact on unemployment caused by technological progress. Based on the analysis of the above factors, this article proposes targeted suggestions to address possible unemployment.

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Publication Details

Journal
Advances in Economics and Management Research
Published
2024-10-24
DOI
https://doi.org/10.56028/aemr.12.1.193.2024
Citations
1
Primary Topic
Digital Economy and Work Transformation
Type
article
Field-Weighted Citation Impact
1.13
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article

Technological progress and unemployment

Haoyan Shi
1 citations
Advances in Economics and Management Research
Digital Economy and Work Transformation
1.13
article

Technological progress and unemployment

Haoyan Shi
article en
1 citations

Abstract

With the continuous advancement of technology, more and more traditional positions are disappearing. This phenomenon is receiving increasing attention. Based on the above concerns, this article analyzes the impact of high-tech technological progress represented by artificial intelligence and automation technology on the labor market from the perspectives of skill biased technological change (SBTC) and labor market polarization theory. The study found that factors such as the pace of technological progress, labor retraining, employment policies, the speed of economic development, and social attitudes all have an impact on unemployment caused by technological progress. Based on the analysis of the above factors, this article proposes targeted suggestions to address possible unemployment.

Advances in Economics and Management ResearchVol. 12(1)
Shenzhen University (CN)
Decent work and economic growth
Openalex Percentile: Top 14%
Digital Economy and Work Transformation
1.13
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