Human capital efficiency: a comprehensive overview

This master's thesis provides an in-depth analysis of the evolving interplay between employee welfare and efficiency, with a special focus on the impact of Artificial Intelligence (AI) and robotics in human capital development. In an era where AI and robotics are revolutionizing work processes, this research critically examines how these technologies are redefining employee roles, responsibilities, and well-being within organizations. The study employs a mixed-method approach, encompassing a thorough literature review and empirical data analysis, to explore the implications of AI and robotic integration in various organizational contexts. It investigates the transformative effects of these technologies on workforce dynamics, including the reshaping of job structures, the emergence of new skill requirements, and the ethical considerations surrounding AI and robotic deployment in the workplace. Key findings highlight a dual impact: while AI and robotics enhance operational efficiency and open avenues for innovation, they also present challenges related to employee displacement, skill obsolescence, and the need for robust ethical frameworks. The thesis argues for a balanced approach where technological advancements are harmoniously integrated with strategies that prioritize employee welfare. This involves fostering a workplace culture that embraces continuous learning, adaptability, and ethical governance of AI and robotics.