Impact of Artificial Intelligence on Employment: Bangladesh Perspective

Machine is transforming most of the works around the world and thereby creating scarcity of jobs among job seekers. And the thing which is working behind this automation is known as Artificial Intelligence (AI) which is termed as the 4th industrial revolution because of its impact on overall activities (manufacturing, service etc.). This transformation or automation because of Artificial Intelligence will create more pressure on employment of unskilled and semiskilled workers as their activities are at the verge of transformation. It will be quite impossible for them to adjust or make them prepared for future possible job sectors created by this AI as they lack all the facilities to make them prepared. It is found in a study that the jobless people around the world would be 800 million by 2030. Apart from that people always try to make their things done within shortest possible time also incurring lower cost and this AI is fulfilling their wish of lower cost and shortest time through automation. So, at the same time AI is performing dual tasks; one is helping businesses and organizations to ease their activities and saving time & cost, another one is making people jobless. The aim of this paper is to find out the impact of Artificial Intelligence on employment. And the evidence against the aim is supported by analyzing data from respondents using statistical tool. In this study, the regression analysis is used to validate the study and it is found that the correlatio