Showing 1 - 10 of 147
We investigate the causes and consequences of the aging of the scientific workforce. Using novel data on the population of US chemistry faculty members over fifty years, we find that the secular increase in the age of the academic workforce has been mainly driven by the slowdown in faculty...
Persistent link: https://www.econbiz.de/10014326208
Rapid technological progress in artificial intelligence (AI) has been predicted to lead to mass unemployment, rising inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i) surveying the recent literature and (ii)...
Persistent link: https://www.econbiz.de/10011951702
After a number of AI-winters, AI is back with a boom. There are concerns that it will disrupt society. The immediate concern is whether labor can win a 'race against the robots' and the longer-term concern is whether an artificial general intelligence (super-intelligence) can be controlled. This...
Persistent link: https://www.econbiz.de/10011993083
function (IPF) and propose three models relating innovation, AI and population: AI as a research-augmenting technology; AI as … researcher scale enhancing technology; and AI as a facilitator of innovation. We show, performing model simulations calibrated on …
Persistent link: https://www.econbiz.de/10014464111
Using data from CHIPS 1995-2013, we find polarization of employment from middle-income Skilled jobs to work in the Unskilled and Self-Employment job categories. This redistribution of employment is consistent with the automation of routine noncognitive tasks in the skilled sector as analyzed in...
Persistent link: https://www.econbiz.de/10011871361
Artificial Intelligence is set to influence every aspect of our lives, not least the way production is organized. AI, as a technology platform, can automate tasks previously performed by labor or create new tasks and activities in which humans can be productively employed. Recent technological...
Persistent link: https://www.econbiz.de/10012001438
We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the … inventors. Our results generalize the evidence of previous studies that show how migrant inventors "import" knowledge from their … knowledge across nations. …
Persistent link: https://www.econbiz.de/10012022425
We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the … inventors. Our results generalize the evidence of previous studies that show how migrant inventors "import" knowledge from their … evidence of migrants facilitating the technology-specific diffusion of knowledge across nations. …
Persistent link: https://www.econbiz.de/10012178399
Intangible knowledge capital (IKC) - technology produced by workers but not embodied in them - can offset the "middle …
Persistent link: https://www.econbiz.de/10010224593
Over the past two decades, technological progress has been biased towards making skilled labor more productive. What does skill-biased technological change imply for business cycles? To answer this question, we construct a quarterly series for the skill premium from the CPS and use it to...
Persistent link: https://www.econbiz.de/10003863655