The impact of technology on employment and consequently on skills is becoming increasingly apparent, particularly in the use of artificial intelligence. The aim of this bachelor thesis can therefore be divided into two research questions: On the one hand, the aim is to analyze what impact the use of artificial intelligence will have on the labor market. The second question is concerned with the impact artificial intelligence will have on the labor market in terms of the skills required.
In order to provide a profound answer to the research questions, a wide range of literature was used, including books, research studies and use cases. Based on the research questions, the thesis addresses the worldwide AI-driven labor market, identifying both the displacement of human workers and the simultaneous opportunities for new occupations and economic growth. Moreover, a variety of necessary skills are highlighted that are essential for overcoming the dynamic challenges on the labor market posed by AI. Finally, the subsequent analysis of the financial sector and public administration serves to illustrate and clarify the relevance of these skills. Therefore, both knowledge of artificial intelligence and existing human skills are important. Depending on the occupation and task area, the focus of skills is either on the direct application of artificial intelligence or on developing an awareness and understanding of it. It also shows that a wide range of actors, including companies and educational institutions, have a key role to play in the process of adapting workers' skills.
Table of Content
List of figures
List of Abbreviations
1. Introduction
1.1 Goals ofthe Project and Research Question
1.2 Parameters ofProject and State ofCurrent Research
1.3 Overview and Methodology
2. IntroductiontoArtificiallntelligence
2.1 Artificial Intelligence
2.1.2 DeepLearning
2.1.3 Robotics
2.1.4 Natural Language Processing
2.1.5 Generative Al
2.2 Historical Development of Artificial Intelligence
3. Economic Effects of Artificial Intelligence on the Labor Market
3.1 Automation and Potential Job Losses
3.2 AI asa Support for Growth
3.3 EmergenceofNewOccupationalFields
4. Skills Required in the Age of AI
4.1 Traditional Skills and their Relevance
4.2 Emerging Skills and their Relevance
4.3 Reskilling and Upskilling
5. Analysis of Al's Impact and Skills Requirements in Relevant Sectors
5.1 Finance
5.1.1 Application of Al in Finance
5.1.2 Resulting Skill Requirements in Finance
5.2 Public Administration
5.2.1 Application of AI in Public Administration
5.2.2 Resulting Skill Requirements in Public Administration
6. Conclusion
ListofReferences
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