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Impact of autonomous driving technology on the labor market and coping strategies(PDF)

《长安大学学报(社科版)》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2024年05期
Page:
101-114
Research Field:
交通运输
Publishing date:
2024-11-20

Info

Title:
Impact of autonomous driving technology on the labor market and coping strategies
Author(s):
ZHAO Kexiang GAO Ge
(School of Economics, Henan University of Economics and Law, Zhengzhou 450016, Henan, China)
Keywords:
autonomous driving technology labor market technological impact real business cycle theory intelligent transportation
PACS:
U463.6;F241.2
DOI:
-
Abstract:
As autonomous driving technology continues to evolve and upgrade, its impact on the labor market has grown more pronounced, profoundly reshaping employment structures. The labor market faces significant risks of structural unemployment, particularly among low-skilled driving positions that are highly susceptible to substitution. Simultaneously, emerging technological fields are generating new employment opportunities while placing higher demands on workers skillsets. This paper uses literature analysis, comparisons of historical transportation reform cases, and the real business cycle theory to examine the short-term fluctuations and long-term growth effects of technological advancements on the economy. It highlights the substitution effect of autonomous driving technology on traditional jobs, the creation of new roles in emerging sectors, and its contribution to productivity enhancements. The findings indicate that autonomous driving technology will substantially reduce demand for traditional driver roles, leading to structural unemployment and downward pressure on wage levels. Conversely, it promotes the creation of high-skilled jobs and new opportunities in areas such as high-precision mapping and intelligent transportation systems. These developments enhance overall transportation efficiency and unlock greater economic growth potential. However, the pace of technological reform exceeds the ability of many workers to quickly acquire the necessary skills, intensifying short-term pressures on the labor market. The study underscores the need for policy interventions and workforce retraining to mitigate the impact from autonomous driving technology. Flexible labor market policies should be designed to facilitate job matching and skills development. Additionally, improvements to the social security system and the establishment of relevant legal frameworks are essential. By fostering an efficient employment ecosystem, these measures can ensure that technological progress delivers long-term benefits for economic growth and social well-being.

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Last Update: 2024-11-20