The impact of AI and advanced technologies has increased significantly, especially in the workplaces. This trend stems companies’ desire to reduce the staff cost and improve productivity. It has both positive and negative effects on employment in the upcoming years.
Firstly, the reason why large and small companies invest their money on cutting-edge technologies is to bring financial profit for prosperity of the company. Companies buy corperative AI apps that have access to all staff, employees don’t spend much time on some tasks. For example,when the letter or contract should be written, worker can do it by giving clear prompt to AI within seconds. Consequently, the companies hire one staff instead of two which is profitable. Moreover, using advanced technologies improves productivity. Because AI apps mostly can give creative ideas and solve issues if the proper prompt is given.
Using these advanced technologies might have both negative and positive effects on employment. Day by day companies start to hire small number of employees which can be replaced by electronic devices or modern apps. As a result, poverty might spread over country as to a high unemployment rate. However, leaders of companies will get high profit with the help of these modern gadgets. As they have creative assistants, they produce large variety of products and modern devices that improve the living standard. Moreover , these companies pay high taxes for prosperity economic field of the country.
To sum up, the reason for using modern technologies are demand for small number of stuff and enhancing efficiency. This trend leads to economic challenges and high living standard.