Artificial Intelligence Employment Substitution Effect

  Historical experience has shown that, due to its innovative and destructive nature, disruptive technological innovations can often not only bring about a leap in productivity, but also have an important impact on the job market, as does artificial intelligence. On the one hand, artificial intelligence may cause technical unemployment through substitution effects. Artificial intelligence is a technology that can replace labor. In some traditional jobs, artificial intelligence may replace human beings. In order to improve their competitiveness, some companies use artificial intelligence to increase productivity while not giving it Enough attention is paid to the resulting unemployment problem, and technical unemployment will follow. On the other hand, artificial intelligence can drive some employment growth through complementary effects, or create new jobs in related fields through creative effects. 

  The impact of artificial intelligence on the job market depends on the combined effect of its substitution effect, complementary effect and creative effect.