The socio-economic implications of AI implementation in industries

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Despite alarming forecasts of the occupations and jobs that could disappear as a result of the introduction of AI and automation and counterclaims that the new technologies will lead to the creation of jobs, the reality may be more nuanced. It is likely that AI will have a greater impact in changing the tasks within individual occupations and jobs, with some tasks becoming automated while new tasks emerge. One impact of AI on the working and professional world is the establishment of smart factories. AI facilitates redesigning a production environment into a smart factory, excelling in high flexibility and versatility with new organisational structures and processes.

Resources

TEXT: TACCLE-AI – Artificial Intelligence in the Policies, Processes and Practices of Vocational Education and Training

  • Chapter 4 – ARTIFICIAL INTELLIGENCE AND EMPLOYMENT, THE LABOUR MARKET AND SOCIETY
  • Chapter 4.1 – Will machines complement or replace humans in the workplace?
  • Chapter 4.2 The role of AI in the Industry 4.0 and it’s socio-economic implications
  • Description: Insight into the topic
  • Link: http://taccleai.eu/wp-content/uploads/2020/07/TaccleAI_FullReport_IO1.pdf 
  • [ENG]
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