The Future of High-Skilled Workers

Abstract

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Employment, labor productivity and environmental sustainability: Firm‐level evidence from transition economies

“…This is plausible, since it is more likely that firms based on high-skilled workers to be the frontrunners of the investment in environment sustainability, and who are likely tilted towards capital-intensive sectors (like electrical equipment within manufacturing, or IT within services), which implies that their labor needs are different than the ones in the labor-intensive sectors, and further attenuated by the investment in energy-efficient technology and practices. It is further plausible that firms employing high-skilled workers possess higher capacity for innovation and stronger alignment with global sustainability trends (Kofler et al, 2020). These firms are often pioneers in adopting advanced technologies and practices aimed at reducing environmental impact, such as energy-efficient manufacturing processes or sustainable IT solutions.…”

Forecasting the Future: The Interplay of Artificial Intelligence, Innovation, and Competitiveness and its Effect on the Global Economy

“…AI's role in the labour market is multifaceted. It risks widening the gap between high-skilled and low-skilled workers, potentially leading to a polarized job market where medium-skilled roles decline and high-skilled and low-skilled roles grow [51]. High-skilled jobs involving complex problem-solving may evolve, while low-skilled, routine tasks face a higher risk of automation.…”

“…This reinforces the narrative of AI as a key driver in economic development, yet the study also highlights the complex impact of AI on job dynamics. While AI catalyzes job creation in some sectors, it simultaneously poses a threat of job displacement in others, especially in routine task-based roles [18,51]. This duality in AI's employment impact reflects mixed views in literature, with the World Economic Forum seeing AI as a job creator and Goldman Sachs warning of significant job losses [49,50].…”