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In Serbia, around 70,000 jobs are expected to disappear due to complete AI automation

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It is estimated that a total of 70,000 jobs in Serbia will be exposed to complete automation through artificial intelligence (AI), while the number of jobs significantly aided by AI is just under 400,000, according to an analysis by Aleksandar Radivojević from the Foundation for the Development of Science (FREN).

This means that the number of jobs significantly aided by AI accounts for 17% of the total number of registered employees, as stated in the analysis titled “Potential Impact of Artificial Intelligence on Economic Development in Serbia,” published in the latest Quarterly Monitor.

He noted that women are at significantly greater risk of job loss due to the influence of AI compared to men. The highest percentage of job tasks exposed to automation by AI technology is found in the group of administrative officials (82%), engineers, specialists, and technicians (27%), and experts and artists (26%).
As explained, the speed of AI implementation in the labor market will bring risks, primarily in terms of job loss and the transition of workers who lose their jobs to other positions.

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In Serbia, like in other countries worldwide, policymakers will need to adjust workforce planning activities, education, lifelong learning processes, and social safety net services to manage the coming changes influenced by artificial intelligence.

“To enable a complete analysis of the likely impact of artificial intelligence on the labor market in Serbia and thus define public policies, it is necessary, first of all, to provide data on the number of employees with four-digit international standard classification of occupations. These data should be provided by the Statistical Office of the Republic of Serbia, based on the data from the Central Register of Compulsory Social Insurance, but this data is not available, or it does not exist,” Radivojević pointed out.

Regarding the world, the impact of AI technology on economic development is still unknown, Radivojević noted, as it is a technology in the early stages of broader implementation. However, the development of technology in 2023 indicates the real possibility of automating a large number of activities that people perform in the next decade.

The need for processing, analyzing, and managing massive amounts of data enabled by AI technology will require the engagement of IT personnel with a specific skill set, creating new jobs influenced by AI technology.

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