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Artificial Intelligence and the Future of Work A Sustainable Development Perspective

Author

Listed:
  • Liana Badea

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • George-Laurentiu Serban-Oprescu

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Silvia-Elena Iacob

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Suman Mishra

    (Southern Illinois University Edwardsville, USA)

  • Mihaela-Roberta Stanef

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

In recent years, the future of the labour market in the context of evident advances in artificial intelligence (AI) has been much debated, ranging from a number of considerations about the implications for job losses in certain sectors to elements of possible deepening economic inequality. The main objective of the present paper is to investigate the interdependencies between AI adoption and the labour market from the perspective of achieving the Sustainable Development Goal (SDG) 8: Decent Work and Economic Growth. Despite a growing body of literature on AI and the future of work, the link to sustainable development on the labour market is still unclear. The present study explores this issue in EU countries, suggesting an index of AI adoption and analysing correlations with SDG8 indicators. This paper examines how emerging AI technologies might support SDG 8, fostering both sustainable growth and decent work for all EU citizens. Our research emphasises that the adoption of AI leads to a mix of effects, with the potential to contribute to economic growth, productivity, work-life balance, and poverty reduction, but at the same time, brings with it challenges related to inequality.

Suggested Citation

  • Liana Badea & George-Laurentiu Serban-Oprescu & Silvia-Elena Iacob & Suman Mishra & Mihaela-Roberta Stanef, 2024. "Artificial Intelligence and the Future of Work A Sustainable Development Perspective," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 26(Special 1), pages 1031-1031, November.
    • Handle: RePEc:aes:amfeco:v:26:y:2024:i:special18:p:1031
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    References listed on IDEAS

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    More about this item

    Keywords

    artificial intelligence; labour market; sustainability; SDG8;
    All these keywords.

    JEL classification:

    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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