AI and Employment: A Double-Edged Sword (CS101, Module 3)

Desklib provides past papers and solved assignments. This report analyzes AI's impact on employment.

WEEK 5- Academic Workshops

In the article, the future of Artificial Intelligence has been discussed in the view point of creating
employment opportunities alongside reducing the employment opportunities significantly.
According to the PWC analysis, Artificial intelligence will evolve as more developed and
dignified as compared to humans. The current job fewer scenarios and a decrease in the level of
employment due to technological development have impacted on the economic scenarios. A
report from PWC has developed an economic forecast that the future is brighter than what is
being perceived. Artificial Intelligence will create more jobs and will simultaneously reduce jobs
for the economy. The technological advancements will create unemployment in certain sectors
but will also provide opportunities to increase employment in the health care and transport
sector. Automation will reduce the jobs and professional profiles in certain areas which will
result in better performance and development of the organisations.

Reference
 Business Insider. 2018. Artificial intelligence will create as many jobs as it destroys,
according to a PwC analysis. [Online]. Business Insider. Available at:
https://www.businessinsider.in/Artificial-intelligence-will-create-as-many-jobs-as-it-
destroys-according-to-a-PwC-analysis/articleshow/65016746.cms. [Accessed:
15.02.2019].