Impact of Artificial Intelligence, Robotics, and Automation on Employment

Abstract

Machine learning is the ability of machines to learn from past experiences using historical data (supervised and semisupervised cases) to solve a given problem. Machines make decisions using Artificial Intelligence (past experiences). Companies adequately understand that increasing business efficiency and employee productivity are of supreme importance to thriving in a highly competitive digital environment. Any process can be automated as long as there is a clear operating procedure available. In today’s time, almost every sector is automating things to minimise cost and improve reliability. So, we need something that will resolve this. In this paper, we will study the many good and bad impacts of artificial intelligence, robotics, and automation on employment. We will also discuss some ideas to minimise the bad impact and maximise the good impact in the related fields