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The Impact of Artificial Intelligence on Malta’s Labor Market
Author:
Thomas P Gade
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Series:
Selected Issues Papers
Volume/Issue:
Volume 2025: Issue 008
Language:
English
Publication Date:
14 Feb 2025
DOI:
https://doi.org/10.5089/9798229001304.018
ISBN:
9798229001304
ISSN:
2958-7875
Pages:
14
Keywords:
Artificial Intelligence; AI; Digitalization; Labor Markets; Malta; generative AI model; AI job displacement; micro data; impact of artificial intelligence; AI technology; Labor force; Europe
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IMF Selected Issues Papers are prepared by IMF staff as background documentation for periodic consultations with member countries. It is based on the information available at the time it was completed.
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Artificial Intelligence (AI) and Generative AI models and their use have significantly advanced in recent years, evolving from their historical role in automating routine tasks to now performing complex cognitive functions. As a result, it has the potential to reshape the job landscape across a broad range of skills and sectors. Mapping occupational labor market micro data for Malta with a measure of exposure and complementary to AI indicates that Malta is slightly less susceptible to AI job displacement than other advanced economies. However, our analysis suggests that women, young, and people with high school degrees only, are at a greater risk of job displacement.
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Cover Selected Issues Papers
Selected Issues Papers
Publisher:
International Monetary Fund