EFFECT OF ARTIFICIAL INTELLIGENCE ON LABOUR MARKET STRUCTURE IN NIGERIA.


  • Department: Economics
  • Project ID: ECO0717
  • Access Fee: ₦5,000
  • Pages: 54 Pages
  • Reference: YES
  • Format: Microsoft Word
  • Views: 1,220
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Artificial intelligence (AI) is a relatively new threat to traditional labour market as it is known today. This paper examines the effect of Artificial intelligence use by firms on the Nigerian labour Market. The study obtains data from Workers from across Nigeria as sample, the survey was carried out using Google forms which removed transportation cost to different part of the Nation gathering 140 respondents. The study applied both quantitative analyses by tabular analysis and qualitative analysis by estimating a probit model. The study does not find sufficient evidence that AI has affected wages, and the demand for Pro Artificial intelligence skills. The study also finds that artificial intelliegence does not replace workers rather it complements their efforts. Therefore, the study recommends that for the benefit of Artificial intelliegence to be maximized  in Nigeria with minimum negative effect on the Labour market, Government should create and enforce policies that encourage Labour Augmenting AI technologies and create enabling environment in tertiary institutions for the study of Artificial intelligence as course of study to eradicate the issues of importation of technologies.

  • Department: Economics
  • Project ID: ECO0717
  • Access Fee: ₦5,000
  • Pages: 54 Pages
  • Reference: YES
  • Format: Microsoft Word
  • Views: 1,220
Get this Project Materials
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