AI AND AUTOMATION: RESHAPING THE LABOR MARKET

The rapid advancement of artificial intelligence (AI) and automation technologies is transforming labor markets around the globe, prompting both optimism and concern. This article seeks to critically analyze the economic implications of AI and automation on the labor market, focusing on their potential to disrupt traditional employment structures, influence productivity, and either exacerbate or alleviate economic inequality. By examining historical precedents of technological disruptions alongside contemporary data, this study aims to assess whether these technologies serve as a means of economic empowerment or as a catalyst for inequality. The primary objective is to provide a comprehensive understanding of the challenges and opportunities presented by AI-driven transformations, along with actionable policy recommendations for managing this transition, ensuring inclusive growth, and cultivating a workforce equipped for the demands of the AI era.