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 …

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 …

-- 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 …

were obstacles: the manual switchboard was the fulcrum of a complex system which had developed around it, and automation … profitable for AT&T in larger markets--hence diffusion expanded as costs declined and service areas grew. We show that automation … supported AT&T's continued growth, generating a positive feedback loop between scale and automation that reinforced AT&T's high …

We provide an argument for long-term automation and decline in the labor income share, driven by capital accumulation … rescaled in the same way. Then ongoing capital accumulation gives rise to progressive automation, and the share of labor income …

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 …