Author
Abstract
This academic investigation examines the bifurcated impact of artificial intelligence (AI) on contemporary labor markets, analyzing both displacement effects and employment generation across multiple sectors (n=327) during 2020-2024. Through a mixed-methods approach combining econometric analysis of industry-level data, semi-structured interviews with key stakeholders (n=142), and longitudinal case studies of AI-implementing firms (n=47), we demonstrate that while AI automation has led to a 23.4% reduction in traditional middle-skill jobs across manufacturing, logistics, and administrative sectors, it has simultaneously generated a 31.7% increase in new employment categories, particularly in AI development, human-AI collaboration, and digital transformation roles. The findings reveal significant sectoral variations in job displacement rates (ranging from 8.2% to 37.6%) and identify critical factors influencing successful workforce transition, including the timing of reskilling initiatives, the nature of institutional support, and the elasticity of labor market responses. Notably, organizations that implemented proactive reskilling programs achieved a 64% higher retention rate of displaced workers compared to those utilizing reactive approaches. The article also uncovers an emerging "adaptation gap" wherein 42% of displaced workers face significant barriers to transitioning into new roles, primarily due to misaligned skill development programs and insufficient support infrastructure. These findings have important implications for policymakers, business leaders, and educational institutions in developing targeted interventions to facilitate effective workforce adaptation in an AI-driven economy.
Suggested Citation
Kanagarla K.P. Brahmaji, 2024.
"Artificial Intelligence and Employment Transformation: A Multi-Sector Analysis of Workforce Disruption and Adaptation,"
International Journal of Scientific Research in Computer Science, Engineering and Information Technology, International Journal of Scientific Research in Computer Science, Engineering and Information Technology, vol. 10(6), pages 202-210, November.
Handle:
RePEc:jbh:ijsrcs:v10:y2024:i6:id:409
DOI: 10.32628/CSEIT24106170
Note: Article URL: https://ijsrcseit.com/home/article/view/CSEIT24106170
Download full text from publisher
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jbh:ijsrcs:v10:y2024:i6:id:409. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
We have no bibliographic references for this item. You can help adding them by using this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Pankaj Sharma (USA) (email available below). General contact details of provider: https://ijsrcseit.com/home .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.