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Why economies like South Korea have little to worry about AI impacting jobs

By Choonsik Yoo ( November 25, 2024, 06:54 GMT | Comment) -- The rapid proliferation of AI is expected to significantly affect global labor markets, with studies predicting job or task displacement in many sectors, particularly in advanced economies like South Korea. But AI also offers potential benefits, including alleviating worker shortages in South Korea, a country experiencing a dramatic population decline and economic reliance on manufacturing. Experts say that embracing AI and implementing thoughtful policies can transform it into a tool for future growth. As was the case with every disruptive technological innovation in human history, the rapid and sustained proliferation of artificial intelligence-driven transformations raises important and concerning questions about whether and how soon AI will replace human workers en masse....

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