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Jobs-loss-prediction-and-Revenue-increase-forecasting-using-Arima

Date:May19 -2025

Job_loss % Due to Ai:

  • Data collection: Data collected from kaggle,it contains percentage value (%)of the AI_adoption rate,Job loss,Human-Ai collaboration,Revenue increase,Market share,Customer_trust,category of Country,Industry,Regulation_status,TOP-AI tools and Year.

  • Data Handle: Pandas to read the dataset,checking null values,describe to statistical report (Mean,Standard Deviation,Max,min,etc...)for each numerical value columns.

  • Data encoding: Use pd_dummies to encoding the categorical columns like "Country","Industry","Regulation status","Ai tools".

  • Data split: Data Features(without Target column) and Taget(job_loss %)

  • Algorithm: Used algorithms Linear Regression and Random Forest Regression

  • Model save: Model saved in pickle file for future prediction.

  • Result: Random Forest had less R^2 score (~ -1.17) and Mean squared Error (~230) work well in this job_loss prediction.

  • Dashboard Power BI interactive dashboard for visual insights: ai_impact [Autoregressive Integrated Moving Average]: Industry revenue forecasting using ARIMA: Statsmodel of ARIMA for Revenue time series forecasting

  • ForecastData: same data to slicing year and Revenue columns.

  • Forecast: ARIMA model to forecast for Revenue Increase% over the future years. Arima work well on the more datapoints. revenue_forecast

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