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AUTOMATION, AI,

AND THEIR
IMPACT ON
EMPLOYMENT
AND INCOME
EQUALITY

Mahmoud Damalkhi
PRESENTATION PLAN

I. Introduction
II. The Impact on Employment
III. Income Inequality
IV. Case Studies
V. Policy Considerations
VI. Future Outlook
VII. Conclusion

Sample Footer Text 2


INTRODUCTION
• Definition of Automation and AI :
• Automation refers to the use of machines or technology to
perform tasks without human intervention
• AI involves machines learning and adapting through
experience

• The Current Landscape :


• The impact of automation and AI on employment is a
multifaceted issue that requires careful examination.

• Significance of the Topic :


• The implications of these technologies on employment
rates and income inequality are important.
• Exploring both challenges and opportunities.
THE IMPACT ON EMPLOYMENT

• Job Displacement :
• 375 million workers impacted by 2030
(McKinsey global institute)

• Job Creation :
• AI will create 12 million more jobs
than it displaces by 2025 (World
economic forum)

• Skills Evolution :
• More than half of all employees will
require significant re-skilling (World
economic forum)
INCOME INEQUALITY

WAGE DISPARITIES : TECHNOLOGICAL DIVIDE : SOCIAL AND ECONOMIC


MOST SUSCEPTIBLE TO IMPLICATIONS :
AUTOMATION ARE OFTEN LOW- THE INCOME GAP CAN LEAD TO
SKILLED. THE GAP BETWEEN WHO BENEFIT AND SOCIAL UNREST AND ECONOMIC
HIGH RISK IF ADEQUATE MEASURES THOSE WHO ARE LEFT BEHIND INABILITY
ARE NOT TAKEN (ILO) NEW POLICIES ARE NEEDED
CASE STUDIES

• Industries at the Forefront :


• The manufacturing sector
• The tech industry

• Successful Integration Examples :


• Cooperative robots in Germany

• Challenges Faced :
• The fear of job displacement
• Rresistance to change
• The need for substantial initial investments
• Ethical considerations for AI usage
POLICY
CONSIDERATIONS

• Government Initiatives :
• Crucial role by implementing
supportive policies.

• Educational Reforms :
• Education is a key factor.

• Universal Basic Income :


• Providing a regular, unconditional sum
of money to all citizens, regardless of
employment status
FUTURE OUTLOOK

EMERGING TRENDS : POTENTIAL SOLUTIONS : ETHICAL CONSIDERATIONS :


THE CONTINUED DEVELOPMENT OF A COMPREHENSIVE APPROACH IS ENSURING TRANSPARENCY,
AI REQUIRED INCLUDING A ACCOUNTABILITY, AND FAIRNESS IN
COMBINATION OF GOVERNMENT THE DEVELOPMENT AND
THE INTEGRATION OF AUTOMATION
POLICIES, CORPORATE DEPLOYMENT OF THESE
IN NEW SECTORS
RESPONSIBILITY, AND INDIVIDUAL TECHNOLOGIES IS CRUCIAL
THE NEED FOR ONGOING ADAPTABILITY
WORKFORCE ADAPTABILITY
CONCLUSION

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