AI and Unemployment

AI and Unemployment in Today`s Era  Introduction: Artificial Intelligence (AI) has been one of the most talked-about topics in recent years, and it has a huge impact on various aspects of our daily lives. One of the major concerns surrounding AI is its potential to disrupt the job market and cause unemployment. In this blog, we will explore the impact of AI on employment, discuss the potential risks and benefits, and suggest some ways to mitigate its negative effects. Part 1: The Impact of AI on Employment AI has the potential to automate many tasks that are currently done by humans. For example, AI-powered machines can perform repetitive tasks faster, more accurately, and without getting tired or making errors. As a result, there is a concern that AI may replace human workers in many industries. A report by the World Economic Forum estimated that by 2025, AI and automation could displace 85 million jobs globally in medium and large businesses across 15 industries and 26 economies. Whi