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AI revolutionizes work across sectors raising unemployment concerns

AI revolutionizes work across sectors raising unemployment concerns

Published :  
17-02-2024 18:14|

Artificial intelligence has started to revolutionize various aspects of work, displacing human labor in the television production sector. This trend isn't limited to television alone; financial markets are also embracing artificial intelligence technologies to streamline data-intensive tasks with precision and efficiency.

According to a recent study conducted by the Information and Communications Technology Association in Jordan (int@j), 63 percent of companies in the sector have initiated the integration of artificial intelligence systems to enhance their products and services as highlighted by int@j’s CEO Nidal Bitar.

However, as artificial intelligence tools become more prevalent within companies, a major concern arises: the rising unemployment rate among Jordanian youth. Official reports indicate that this figure currently stands at 47 percent, signaling a pressing issue that needs to be addressed.