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Analysis Of The Impact Of Artificial Intelligence On The Labor Market In The European Union

Author

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  • Alina Iuliana TABIRCA

    (Valahia University of Targoviste, 130004, Romania)

  • Ioan-Marius DRAGOI

    (Valahia University of Targoviste, 130004, Romania)

  • Cosmin-Alexandru STEFAN

    (Valahia University of Targoviste, 130004, Romania)

  • Cristina Roxana CALINOIU (IONESCU)

    (Valahia University of Targoviste, 130004, Romania)

Abstract

The impact of Artificial Intelligence (AI) in the European Union (EU) is profound and is felt in all sectors. AI, a branch of computer science that mimics human intelligence, is transforming the work landscape through automation and innovation. In the EU, governments promote public-private collaboration to integrate AI into different industries, from healthcare to sustainable agriculture. Automation frees up human resources for strategic activities but also reconfigures the requirements of the labor market, generating new jobs such as data analysis. However, evolution also brings challenges related to employment, requiring investment in lifelong learning and reskilling. Economic projections point to a significant impact of AI on EU GDP, with estimates reaching up to 10% by 2030. However, the correct adaptation of the workforce is essential to realize this technology's full potential and ensure a fair and sustainable transition to the future of work in the EU. Our article complements the literature on Artificial Intelligence. We carry out the analysis of the field and the impact generated by technological advancement on the labor market in the European Union. Thus, our paper follows three main points, as follows: in the first part of the study, we will resort to the analysis of the influence of AI on European companies; the second part focuses on the European Union's policies and initiatives regarding the use of Artificial Intelligence in the workplace, and in the third part, we present the advantages, challenges, as well as the future of new technologies.

Suggested Citation

  • Alina Iuliana TABIRCA & Ioan-Marius DRAGOI & Cosmin-Alexandru STEFAN & Cristina Roxana CALINOIU (IONESCU), 2025. "Analysis Of The Impact Of Artificial Intelligence On The Labor Market In The European Union," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 13(1), pages 3-14, February.
    • Handle: RePEc:scm:ejafbu:v:13:y:2025:i:1:p:3-14
    DOI: 10.4316/EJAFB.2025.13101
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