The impact of artificial intelligence on employment before and during pandemic: A comparative analysis

Abstract

Current trends in scientific research and the development of information technologies cover more and more areas of business. In these conditions, the findings of scientific-technical revolution and the innovations most important factors for the country’s economic development and crucial to become a competitive state. The gradual establishment and the scope of use of artificial intelligence on the world innovative technology market increases daily. The purpose of this work is to investigate its impact on business based on the experience of the world and particularly, in Georgia. Accordingly, the study discusses the stages and main trends of artificial intelligence development. Depending on the scale of implementation, Georgia’s current trends in job cuts / disappearances along with automation are analysed and future prospects are assessed. The paper discusses the use and increased importance of artificial intelligence 4.0 industry in the context of pandemic restrictions in various sectors of the economy and assessed the role in the post-pandemic period. The paper uses both qualitative and quantitative research methods. Content analysis of the scientific literature, statistical indicators and practical examples of different countries and international organizations is provided. Studies of leading analytical institutions are also included to analyse the current situation and prospects for development.