Journal of Yaşar University

Journal of Yaşar University

An Old Problem in the New Era: Effects of Artificial Intelligence to Unemployment on the Way to Industry 5.0

Yazarlar: Erhan İŞCAN

Cilt 16 , Sayı 61 , 2021 , Sayfalar 77 - 94

Konular:Sosyal

DOI:10.19168/jyasar.781167

Anahtar Kelimeler:Artificial Intelligence,Unemployment,Industry 5.0,Technological Change,Cobot

Özet: Unemployment is one of the most important and unfinished debates in the economic literature and every decade witnessed a crisis that created unemployment. Especially youth and long-term unemployment rates of the countries are very high and policymakers are focusing their interest on the unemployment problems. On the other hand, the impact of digitalisation is the most cited issue of the last decade in economic discussions. Especially, due to the impact of technological advancements, automation and artificial intelligence (AI) became the main keyword of future discussions. Advances in automation by using the increasing capability of AI changed the direction of the labor market by changing the quantity and type of jobs. The increasing capability of automation with AI turned the robots to cobots and leads to Industry 5.0 as a new industrial revolution. This study aims to explore the effects of AI in Industry 5.0 concept on unemployment.

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@article{2021, title={An Old Problem in the New Era: Effects of Artificial Intelligence to Unemployment on the Way to Industry 5.0}, volume={16}, number={77–94}, publisher={Journal of Yaşar University}, author={Erhan İŞCAN}, year={2021} }
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Erhan İŞCAN. (2021). An Old Problem in the New Era: Effects of Artificial Intelligence to Unemployment on the Way to Industry 5.0 (Vol. 16). Vol. 16. Journal of Yaşar University.
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Erhan İŞCAN. An Old Problem in the New Era: Effects of Artificial Intelligence to Unemployment on the Way to Industry 5.0. no. 77–94, Journal of Yaşar University, 2021.
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