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The Challenges of the Labour Law and Economic in the Future Labour Market
116-130Views:744The aim of the study is to examine how the effects of globalization affect the global labor market, and how high-level automation and digitalization affect the expectations of labor market actors and the world of labor law. We analyze the legal framework and the economic and social utility of acquiring competences for new challenges in the industry. We will look in more detail at the future of the low-skilled labor force in a changing labor market as a function of acquiring new competencies. We believe that changes in the labor market and novel processes will also pose new challenges for employers and employees. Changes in the labor market raise the question of what kind of benefits an outgoing worker will receive until he or she acquires new competencies. Is the social welfare system in the current sense capable of supporting lifelong learning, or is it necessary to explore alternatives such as basic income? All this needs to be done in the light of the legal and economic scrutiny of the concepts of efficiency and economy. This is because acquiring competences for the new employee also brings new added value.
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The Impact of Optical Character Recognition Artificial Intelligence on the Labour Market
9-16Views:353Because of present day information technology, there is neither need to plant complicated computers for more millions price if we would like to process and store big amounts of data, nor modelling them. The microprocessors and CPUs produced nowadays by that kind of technology and calculating capacity could not have been imagined 10 years before. We can store, process and display more and more data. In addition to this level of data processing capacity, programs and applications using machine learning are also gaining ground. During machine learning, biologically inspired simulations are performed by using artificial neural networks to able to solve any kind of problems that can be solved by computers. The development of information technology is causing rapid and radical changes in technology, which require not only the digital adaptation of users, but also the adaptation of certain employment policy and labour market solutions. Artificial intelligence can fundamentally question individual labour law relations: in addition to reducing the living workforce, it forces new employee competencies. This is also indicated by the Supiot report published in 1998, the basic assumption of which was that the social and economic regulatory model on which labour law is based is in crisis.