-- 7. Artificial Intelligence, Income, Employment, and Meaning / Betsey Stevenson -- 8. Artificial Intelligence, Automation … / James Bessen -- 11. Public Policy in an AI Economy / Austan Goolsbee -- 12. Should We Be Reassured If Automation in the … Future Looks Like Automation in the Past? / Jason Furman -- 13. R&amp -- D, Structural Transformation, and the Distribution …

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 …

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 …

evaluate the global consequences of automation. Automation, modeled as capital- and high-skill biased technological change, is … a range of foundational models of automation. In our baseline scenario, automation has a moderate effect on regional … of the advanced technology and providing universal basic income to share gains from automation. The former policy can …

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 …