by the relative wage declines of worker groups specialized in routine tasks in industries experiencing rapid automation … capital. Automation technologies expand the set of tasks performed by capital, displacing certain worker groups from … between 1980 and 2016. Our task displacement variable captures the effects of automation technologies (and to a lesser degree …

changes in particular, automation that displaces workers from tasks they used to perform, and the creation of new tasks that … that automation: (i) powerfully impacts inequality; (ii) can reduce real wages; and (iii) can generate realistic changes in …-level estimates of displacement driven by automation and reinstatement due to new tasks, we show that displacement is associated with …

expand their overall employment as well. However, this expansion comes at the expense of their competitors (as automation …

We present a framework for understanding the effects of automation and other types of technological changes on labor … allocation of tasks to capital and labor--the task content of production. Automation, which enables capital to replace labor in … a result, automation always reduces the labor share in value added and may reduce labor demand even as it raises …

. As a consequence, it has promoted inefficiently high levels of automation. Moving from the US tax system in the 2010s to … restore the optimal level of automation. If moving to optimal taxes is infeasible, more modest reforms can still increase … employment by 1.14-1.96%, but in this case efficiency can be increased by imposing an additional automation tax to reduce the …

We argue theoretically and document empirically that aging leads to greater (industrial) automation, and in particular … older to middle-aged workers--is associated with greater adoption of robots and other automation technologies across … development of automation technologies in countries undergoing greater demographic change. Our directed technological change model …

We summarize a framework for the study of the implications of automation and AI on the demand for labor, wages, and … employment. Our task-based framework emphasizes the displacement effect that automation creates as machines and AI replace labor … counteracted by a productivity effect, resulting from the cost savings generated by automation, which increase the demand for labor …

created. In a static version where capital is fixed and technology is exogenous, automation reduces employment and the labor … capital accumulation and the direction of research towards automation and the creation of new tasks. If the long-run rental … rate of capital relative to the wage is sufficiently low, the long-run equilibrium involves automation of all tasks …

automation in the textile industry. Despite cotton textiles becoming one of the largest sectors in the British economy, real … wages for cotton weavers did not rise for decades. As E.P. Thompson emphasized, automation forced workers into unhealthy … factories with close surveillance and little autonomy. Automation can increase wages, but only when accompanied by new tasks …