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<p>This article describes an original model developed in the Technology Centre CAS for the estimation of the impact of Artificial Intelligence (AI) on the labour market in Czechia. On the contrary to the previous estimates, this model is based on the comparison of projected future technical capabilities of AI with a mix of capabilities needed in different job categories. Both the importance and the level of capabilities are taken into account in order to assess the impact of AI on jobs in three different time horizons. Based on the model calculations, it can be expected that on the five-year horizon the AI will be able to replace more than 50% of the required capabilities in 11 % of the occupations. On the thirty-year horizon, AI can replace over 50% of capabilities in the vast majority of the current professions. At the same time, new professions will continuously emerge, though they will place different demands on their performers and will require different skills and capabilities in comparison to current professions. The model and its results may be effectively used for efficient adaptation of education, lifelong learning and retraining to the changing nature of work, and related new demand for workers’ capabilities.</p>
</abstract>

This article describes an original model developed in the Technology Centre CAS for the estimation of the impact of Artificial Intelligence (AI) on the labour market in Czechia. On the contrary to the previous estimates, this model is based on the comparison of projected future technical capabilities of AI with a mix of capabilities needed in different job categories. Both the importance and the level of capabilities are taken into account in order to assess the impact of AI on jobs in three different time horizons. Based on the model calculations, it can be expected that on the five-year horizon the AI will be able to replace more than 50% of the required capabilities in 11 % of the occupations. On the thirty-year horizon, AI can replace over 50% of capabilities in the vast majority of the current professions. At the same time, new professions will continuously emerge, though they will place different demands on their performers and will require different skills and capabilities in comparison to current professions. The model and its results may be effectively used for efficient adaptation of education, lifelong learning and retraining to the changing nature of work, and related new demand for workers’ capabilities.

Modelling the impact of Artificial Intelligence on the labour market in Czechia

Central European Journal of Public Policy

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"Modelling the impact of Artificial Intelligence on the labour market in Czechia"}

This article describes an original model developed in the Technology Centre CAS for the estimation of the impact of Artificial Intelligence (AI) on the labour...

Modelling the impact of Artificial Intelligence on the labour market in Czechia

Data publikacji: 09 lip 2021

Zakres stron: 31 - 42

Otrzymano: 14 maj 2020

Przyjęty: 20 kwi 2021

DOI: https://doi.org/10.2478/cejpp-2021-0006

Słowa kluczowe
Artificial Intelligence, labour market, economic modelling, economic impact

© 2021 Martin Fatun et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Modelling the impact of Artificial Intelligence on the labour market in Czechia

Data publikacji: 09 lip 2021

Zakres stron: 31 - 42

Otrzymano: 14 maj 2020

Przyjęty: 20 kwi 2021

DOI: https://doi.org/10.2478/cejpp-2021-0006

Słowa kluczoweArtificial Intelligence, labour market, economic modelling, economic impact

© 2021 Martin Fatun et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Słowa kluczowe
Artificial Intelligence, labour market, economic modelling, economic impact