Paper Details

Name: Satveer Kaur
Country: India

Year: 2025
Volume: Volume-12, Issue-1 (January-June)
Page Number: 141-144
DOI: https://doi.org/10.5281/zenodo.17542073

ABSTRACT
The recent development of artificial intelligence has caused a paradigm shift in the global
economy by improving analysis and facilitating more informed decision-making. Notably,
the global expansion of artificial intelligence has created a paradox. On one hand, artificial
intelligence boosts productivity, innovation, and the development of new job opportunities.
On the other hand, artificial intelligence poses a threat to existing jobs and may raise issues of
inequality of incomes. This essay seeks to explore the promise of artificial intelligence as
well as the paradox that surrounds this technology by referring to the current trends of
artificial intelligence and its influence on productivity and the demand for skills in the
emerging labour markets. At the same time, the importance of governance and investment
patterns related to artificial intelligence’s impact on prosperity and inequality triggered by
this technology is also noted.
Keywords: AI; Automation; Employment; Jobs; Labor; Skills.