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The Relationship Between AI and Unemployment Rate and the Solution
- 1 Boxing Third Middle School, Cuiwangfu Community, Boxing County, Binzhou City, Shandong Province, China
- 2 Jinan Thomas School, Room 2005, Building 16, No. 108 Huanshan Road, Lixia District, Jinan City, Shandong Province, China
- 3 Jinqiu International Jinan Campus, Room 402, Unit 1, Building 4, Huancui Villa, No. 10-2, Yanzishan West Road, Lixia District, Jinan City, Shandong Province, China
* Author to whom correspondence should be addressed.
Abstract
Technological advancements and significant strides in artificial intelligence have undeniably propelled economic growth. Integrating AI into production processes enhances productivity and efficiency. AI systems can operate continuously without breaks, and advanced technologies minimize the risk of human errors, producing high-quality goods and reducing costs. Ever since the inception of ChatGPT, the discourse surrounding the potential replacement of human labor by artificial intelligence has been a recurring theme. However, specific industries within the job market are resistant to being replaced by artificial intelligence, as they require distinct human qualities like creativity, emotion, and decision-making skills. These professions require problem-solving, interpersonal skills, emotional understanding, moral decision-making, and various unique human talents. This paper analyses the relationship between AI and the unemployment rate and the solution. It revealed the temporary decline in production efficiency, including short-term production efficiency reduction and long-term productivity improvements. Various policies can be implemented to address the issues mentioned, including initiatives to enhance education and improve the transparency of AI applications.
Keywords
Artificial intelligence, Unemployment rate, High-skilled employees, Production efficiency
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Cite this article
Cao,Y.;Pan,Y.;Tao,C. (2024).The Relationship Between AI and Unemployment Rate and the Solution.Advances in Economics, Management and Political Sciences,95,171-175.
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Volume title: Proceedings of the 2nd International Conference on Management Research and Economic Development
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