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What does the influence of AI on work and the job market depend on?

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What does the influence of AI on work and the job market depend on?

The impact of AI on jobs depends on several factors, such as how smart and independent the AI systems are, workers' ability to use these technologies, and the development of legal rules. How companies adopt and use AI is also shaped by its perceived benefits and its social effects.

Jobs that need human interaction or creativity are less likely to be affected by AI, whereas tasks that can be clearly defined are more prone to automation. AI can create new business opportunities and improve the quality of work, but it might also lead to more intense work conditions and closer monitoring of employees. To make the most of AI and reduce risks, thorough regulations are needed. An example is the AI Act passed by the EU Parliament in June 2023, which sets out different levels of risk and the required regulatory measures.

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