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DOI: https://doi.org/10.36719/2789-6919/57/108-112 

Sadaf Mutallimzadeh

Azerbaijan State University of Economics

Master's student

https://orcid.org/0009-0004-2690-2405

mutallimzada.sadaf.islam.2024@unec.edu.az

 

New Realities Created by Artificial Intelligence Technologies in the Labor Market

 

Abstract

 

Over the past decade, the rapid development of artificial intelligence technologies has led to profound and multidimensional structural changes in the labor market. In this article, the impact of artificial intelligence on employment and the workforce is comprehensively examined through an analytical and comparative methodology. The results of the study show that automation and digitalization processes, on the one hand, lead to the decline of routine and low-skilled occupations, while on the other hand, they stimulate the emergence of new professional fields and innovative forms of employment. The transformation occurring in the skill structure of the workforce has particularly increased the importance of human capital components such as digital literacy, analytical thinking, problem-solving skills, and creativity.

The article provides a detailed analysis of the application of artificial intelligence in sectors such as manufacturing, finance, healthcare, and transportation, and evaluates its socio-economic impacts. The findings indicate that artificial intelligence contributes to increased productivity, cost reduction, and the creation of new economic opportunities. At the same time, risks such as job displacement, widening income inequality, and the need to restructure social protection systems come to the forefront. In the conclusion section of the article, policy directions and future research perspectives are presented in line with current challenges.

Keywords: artificial intelligence, labor market, automation, digitalization, workforce, skills transformation, employment


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