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-- 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 …
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on robots and trade, the magnitude of these taxes may decrease as the process of automation and globalization deepens and …Technological change, from the advent of robots to expanded trade opportunities, tends to create winners and losers … be implemented using evidence on the distributional impact of new technologies, such as robots and trade. Our second …
Persistent link: https://www.econbiz.de/10012480754
Will smart machines replace humans like the internal combustion engine replaced horses? If so, can putting people out of work, or at least out of good work, also put the economy out of business? Our model says yes. Under the right conditions, more supply produces, over time, less demand as the...
Persistent link: https://www.econbiz.de/10012457725
find that on average employment shares have increased in occupations more exposed to AI. This is particularly the case for … Technological Change theory. While there exists heterogeneity across countries, only very few countries show a decline in employment … shares of occupations more exposed to AI-enabled automation. Country heterogeneity for this result seems to be linked to the …
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middle-skill, middle-class heart of the US labor market that has been hollowed out by automation and globalization …
Persistent link: https://www.econbiz.de/10014486232
-level implications of robot adoption. Out of 55,390 firms in our sample, 598 have adopted robots between 2010 and 2015, but these firms … account for 20% of manufacturing employment and value added. Consistent with theory, robot adopters experience significant … expand their overall employment as well. However, this expansion comes at the expense of their competitors (as automation …
Persistent link: https://www.econbiz.de/10012479262
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 …
Persistent link: https://www.econbiz.de/10014544695
robotics should shape our thinking about the likely trajectory of occupational change and employment growth. A key observation …
Persistent link: https://www.econbiz.de/10012458183
employment. Our task-based framework emphasizes the displacement effect that automation creates as machines and AI replace labor …We summarize a framework for the study of the implications of automation and AI on the demand for labor, wages, and … counteracted by a productivity effect, resulting from the cost savings generated by automation, which increase the demand for labor …
Persistent link: https://www.econbiz.de/10012453517