The Impact of Artificial Intelligence Adoption on Employee Unemployment: A Multifaceted Relationship

This article comprehensively reviews the impact of artificial intelligence (AI) and automation on employment. As AI and automation technologies continue to advance and be adopted across various sectors, concerns have been raised about their potential to displace jobs and exacerbate income inequality. The article examines the existing literature on the subject, discussing the potential for job substitution and changes in employment structure. It also explores the concept of skill-biased technological change and its implications for the labor market. The review highlights the need for proactive policies to address the challenges posed by automation, such as investing in education and training, fostering innovation and job creation, and considering measures like universal basic income. The article concludes by emphasising the importance of understanding and managing the impact of AI and automation on employment to ensure a more equitable and prosperous future of work.