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Robots and Workers : Evidence from the Netherlands

Acemoglu, Daron; Koster, Hans; Ozgen, Ceren - National Bureau of Economic Research - 2023

We estimate the effects of robot adoption on firm-level and worker-level outcomes in the Netherlands using a large … value added and hours worked for robot-adopting firms and negative outcomes on competitors in the same industry. Our worker … earnings and employment rates, while other workers indirectly gain from robot adoption. We also find that the negative effects …

Persistent link: https://www.econbiz.de/10014247929

Automation and the Workforce : A Firm-Level View from the 2019 Annual Business Survey

Acemoglu, Daron; Anderson, Gary; Beede, David Nathan; … - National Bureau of Economic Research - 2022

This paper describes the adoption of automation technologies by US firms across all economic sectors by leveraging a new module introduced in the 2019 Annual Business Survey, conducted by the US Census Bureau in partnership with the National Center for Science and Engineering Statistics (NCSES)....

Persistent link: https://www.econbiz.de/10013462707

Generative AI at Work

Brynjolfsson, Erik; Li, Danielle; Raymond, Lindsey R. - National Bureau of Economic Research - 2023

We study the staggered introduction of a generative AI-based conversational assistant using data from 5,179 customer support agents. Access to the tool increases productivity, as measured by issues resolved per hour, by 14 percent on average, with the greatest impact on novice and low-skilled...

Persistent link: https://www.econbiz.de/10014250178

AI, Labor, Productivity and the Need for Firm-Level Data

Seamans, Robert - 2018

We summarize existing empirical findings regarding the adoption of robotics and AI and its effects on aggregated labor and productivity, and argue for more systematic collection of the use of these technologies at the firm level. Existing empirical work primarily uses statistics aggregated by...

Persistent link: https://www.econbiz.de/10012453474

The Behavioralist Visits the Factory : Increasing Productivity Using Simple Framing Manipulations

Hossain, Tanjim - 2009

Recent discoveries in behavioral economics have led to important new insights concerning what can happen in markets. Such gains in knowledge have come primarily via laboratory experiments--a missing piece of the puzzle in many cases is parallel evidence drawn from naturally-occurring field...

Persistent link: https://www.econbiz.de/10012463027

The Labor Market Impacts of Technological Change : From Unbridled Enthusiasm to Qualified Optimism to Vast Uncertainty

Autor, David H. - National Bureau of Economic Research - 2022

This review considers the evolution of economic thinking on the relationship between digital technology and inequality across four decades, encompassing four related but intellectually distinct paradigms, which I refer to as the education race, the task polarization model, the...

Persistent link: https://www.econbiz.de/10013210102

Scenarios for the Transition to AGI

Korinek, Anton; Suh, Donghyun - National Bureau of Economic Research - 2024

We analyze how output and wages behave under different scenarios for technological progress that may culminate in Artificial General Intelligence (AGI), defined as the ability of AI systems to perform all tasks that humans can perform. We assume that human work can be decomposed into atomistic...

Persistent link: https://www.econbiz.de/10014512109

The Simple Macroeconomics of AI

Acemoglu, Daron - National Bureau of Economic Research - 2024

This paper evaluates claims about large macroeconomic implications of new advances in AI. It starts from a task-based model of AI's effects, working through automation and task complementarities. So long as AI's microeconomic effects are driven by cost savings/productivity improvements at the...

Persistent link: https://www.econbiz.de/10014544765

Measuring and Predicting "New Work" in the United States : The Role of Local Factors and Global Shocks

Kim, Gueyon; Merritt, Cassandra; Peri, Giovanni - National Bureau of Economic Research - 2024

The evolution of work is of emerging importance to advanced economies' growth. In this study, we develop a new semantic-distance-based algorithm to identify "new work," namely the new types of jobs introduced in the US. We characterize how "new work" relates to task content of jobs and skill...

Persistent link: https://www.econbiz.de/10014544803

Distorted Innovation : Does the Market Get the Direction of Technology Right?

Acemoglu, Daron - National Bureau of Economic Research - 2023

In the presence of markup differences, externalities and other social considerations, the equilibrium direction of innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing comparative static results and characterizes...

Persistent link: https://www.econbiz.de/10014226119

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