Course Content
International Business: Managing Business in the Globalization Era
International Business: Managing Business in the Globalization Era
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Balance of Payment
Balance of Payment
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Data Warehousing, Data Mining, and Knowledge Management – Concepts Managing Technological Change.
Data Warehousing, Data Mining, and Knowledge Management – Concepts Managing Technological Change.
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Unit IX: Test Your Knowlege
Unit IX: Test Your Knowlege
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Unit IX: International Business and Management Information Systems

📄 Case Study – Impact of AI on Workforce


🤖 AI’s impact on the workforce is multifaceted. It involves the automation of repetitive and routine tasks, changing skill requirement and job displacement. This can be beneficial for employees as it frees them up to focus on more complex and creative work, but it can also create concerns about the job displacement and changes in the demand for certain types of jobs. However, AI is also creating new job opportunities, especially in data analytics machine learning and AI development


⚠️ Despite these potential benefits, there are also concerns about the drawbacks of implementing AI on a larger scale in the workforce. One potential concern is job displacement, which can lead to unemployment and the need for reskilling and upskilling. Another concern is the potential for bias and discrimination in algorithms, which can have negative consequences for marginalized individuals and communities.


🔒 Privacy and security are also major concerns regarding the impact of AI on the workforce. As AI becomes more advances, it is important to ensure that personal data is protected, and AI system are secure against cyberattacks. Nonetheless, AI can also enhance efficiency and productivity, and its advancements may lead to new job opportunities for workers with the right skills and knowledge.