Artificial Intelligence at Work: Transforming Industries and Redefining the Workforce Landscape

Authors

  • Farhang Mossavar-Rahmani Professor of Finance and Director of MBA School of Business and Management, National University, San Diego, California, USA Author
  • Bahman Zohuri Research Associate Professor Golden Gate University, Ageno School of Business, San Francisco, California, USA Author

DOI:

https://doi.org/10.47363/JESMR/2024(5)213

Keywords:

Artificial Intelligence, Workforce Transformation, Automation, Skill Development, Enhanced Decision-Making, Ethical Considerations, Job Displacement, Personalization, Industry Evolution, Future of Work.

Abstract

Global industry transformation is occurring due to the adoption of Artificial Intelligence (AI) in the workplace, bringing a new era of productivity, creativity, and revolutionary change. AI technologies are evolving into essential tools that improve workflows, automate repetitive operations, and enhance human capabilities in various industries, including f inance, human resources, and manufacturing. AI-driven robotic systems in manufacturing improve speed and precision, boosting output and economy of scale. Artificial intelligence (AI) algorithms that analyze large datasets and provide insights into market patterns, risk, and investing strategies benefit the financial sector. AI-powered chatbots are revolutionizing customer care by offering prompt, customized support. This article explores the multifaceted impact of Artificial Intelligence (AI) on the contemporary workforce, briefly examining its transformative influence on various industries.

Author Biographies

  • Farhang Mossavar-Rahmani, Professor of Finance and Director of MBA School of Business and Management, National University, San Diego, California, USA

    Professor of Finance and Director of MBA School of Business and Management, National University, San Diego, California, USA

  • Bahman Zohuri, Research Associate Professor Golden Gate University, Ageno School of Business, San Francisco, California, USA

    Research Associate Professor Golden Gate University, Ageno School of Business, San Francisco, California, USA

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Published

2024-02-26

Issue

Vol. 5 No. 2 (2024): Volume 5 Issue 2

Section

Articles