REDEFINING WORK IN THE WEST: ECONOMIC IMPACTS OF AUTOMATION, ARTIFICIAL INTELLIGENCE, AND EMERGING TECHNOLOGIES IN THE DIGITAL ERA

In recent decades, automation, Artificial Intelligence, and emerging technologies have significantly transformed the world of work in Western economies. This thesis seeks to analyse and assess these transformations by offering a comprehensive overview of the Western labour market and the profound changes it has undergone with the advent of these new technologies. Beginning with a historical analysis of labour market evolution leading up to the current digital era, the study then explores both the microeconomic and macroeconomic impacts of technological progress. Key areas of focus include shifts in productivity, patterns of job displacement and creation, wage and income dynamics, and the implications for inequality. The final chapter, on the other hand, evaluates major policy responses, incorporating a comparative perspective with Asia, and underscores the critical importance of regulation, workforce training, and inclusive strategies to support a smooth and equitable transition in the evolving world of work.