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Competition

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0% found this document useful (0 votes)
55 views11 pages

Competition

Uploaded by

akshayaaapawar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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WELCOME

Group members:-
1.Shravani Kulkarni
2. Akshaya Pawar
Topic:- AI and Employment:
Impact, Challenges, and
Opportunities

Exploring how Artificial Intelligence is


transforming the job market
Introduction
• Artificial Intelligence (AI) is reshaping
industries and employment opportunities
worldwide.

• Debate exists on whether AI is threat to jobs or


a driver of new opportunities.

• This presentation explores the impact of AI on


employment, job displacement, new jobs
creation, and the need for workforce
adaptation.
How AI is Affecting Jobs
• Automation of Tasks: AI replaces repetitive
and routine tasks in multiple sectors.
• Job Displacement: Workers in manufacturing,
retail, and customer service face significant
AI-driven job losses.
• Expansion Beyond Manual Jobs: AI is
advancing into white-collar fields like legal
research, medical diagnostics, and journalism.
• Skills Gap: Many workers lack the expertise
to transition into AI-driven roles.
Sectors Most Affected by AI
1.Manufacturing: Robotics replacing
assembly line workers.
2.Retail: Self-checkout and automated
inventory systems reducing cashier jobs.
3.Customer Service: AI chatbots handling
inquiries, reducing the need for human
representatives.
4.Transportation: Autonomous vehicles
impacting drivers in logistics and ride-
sharing services.
5.Finance & Law: AI-driven data analysis
reducing demand for human analysts and
legal assistants.
The Positive Impact of AI on Employment New
Job Creation:
• The Positive Impact of AI on
Employment New Job Creation: AI is
generating demand for roles like AI
specialists, data scientists, cybersecurity
experts, and automation engineers.
• AI in Healthcare: AI assists doctors in
diagnostics, reducing errors and improving
patient care.
• AI in Education: Personalized learning
powered by AI improves student
engagement and outcomes.
Challenges and Concerns
Job Loss & Income Inequality: AI
benefits corporations while many workers
face job insecurity.

Skills Gap: Many displaced workers lack


training for emerging AI-related jobs.

Mental & Social Impact: Fear of job loss


leads to anxiety and economic instability.

Ethical & Regulatory Issues: AI-driven


decisions can lead to biases and require
ethical oversight.
AI and Economic Growth Boosting
Productivity: AI helps businesses streamline
• AI and
operations andEconomic GrowthBoosting Productivity: AI helps businesses
improve efficiency.
streamline operations and improve efficiency.Supporting Small
Businesses:
Supporting AI-powered
Small Businesses: tools enable startups and SMEs to compete
AI-powered
with large
tools enable corporations.Entrepreneurial
startups and SMEs to compete Opportunities: AI is driving
innovation
with large in fields like fintech, e-commerce, and digital marketing.
corporations.

Entrepreneurial Opportunities: AI is driving


innovation in fields like fintech, e-commerce,
and digital marketing.
Solutions & Adaptation Strategies Reskilling
& Upskilling:
Governments and companies must invest in
AI-related education and vocational training.
Lifelong Learning: Online platforms like
Coursera, edX, and Udemy provide
accessible AI training.
AI & Human Collaboration: AI should be
seen as an assistant, enhancing human
productivity rather than replacing jobs.
Government Policies: Regulations and social
safety nets should support affected workers.
Conclusion
• ConclusionAI is a powerful force shaping the job market—both
AI is disrupting
a powerful force shaping opportunities.The
and creating the job key to a positive AI-driven
market—both disrupting
future lies and creating
in adaptation, education, and policies that ensure equitable
opportunities.
job opportunities.Societies must embrace AI as a tool for growth
The key to asupporting
while positive AI-driven
workersfuture lies in
through reskilling and economic strategies.
adaptation, education, and policies that
ensure equitable job opportunities.
Societies must embrace AI as a tool for
growth while supporting workers through
reskilling and economic strategies.
• THANK YOU

THANK YOU

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