Job Market

The exploration of Skill Biased Technological Change (SBTC) and Routinization in the context of artificial intelligence (AI) reveals a nuanced impact on the job market. SBTC highlights the increasing demand for high-skilled labor as technology advances, while Routinization underlines the susceptibility of routine tasks to automation, potentially displacing jobs. However, AI also fosters new opportunities, necessitating skills that complement technological capabilities, such as data analysis, creativity, and complex problem-solving.