CEU eTD Collection (2023); Sidorov, Nikita: Technology and the Future of Work: Comparing the Potential Impact of AI Industrialisation on Labour Markets in Liberal and Coordinated Market Economies

CEU Electronic Theses and Dissertations, 2023
Author Sidorov, Nikita
Title Technology and the Future of Work: Comparing the Potential Impact of AI Industrialisation on Labour Markets in Liberal and Coordinated Market Economies
Summary The increasing integration of Artificial Intelligence (AI) into various spheres of society is a topic of significant interest, given its pace of development and deployment. Therefore, this study analyses the potential impact of AI on labour markets in Liberal (LMEs) and Coordinated Market Economies (CMEs), focusing on the United States and Germany. It extends theoretical assumptions of the Varieties of Capitalism scholarship by postulating that due to different innovation patterns and skill systems, jobs in LMEs and CMEs would differ in their exposure to automation. Methodologically, it utilises quantitative text analysis creating indices of AI-exposure of jobs by comparing US and German job tasks against titles of AI-related patents. The findings confirm the hypothesis and reveal a significant difference in the mean automation index between the two countries, with higher exposure to AI in the US. Furthermore, jobs requiring high and/or specific skills, such as engineers or doctors, in both economies are among the most exposed to AI, reinforcing the dominant theories suggesting that white-collar workers are most exposed during the ‘new wave of automation’. Finally, this research underscores the necessity for increased attention to AI-driven automation, considering the plethora of potential social, political, and economic changes it may bring about.
Supervisor Szabó, Imre Gergely
Department Political Science MA
Full texthttps://www.etd.ceu.edu/2023/sidorov_nikita.pdf

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