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Investors increasingly can obtain assistance from "robo-advisors," artificial intelligence - enabled digitalized service agents imbued with anthropomorphic design elements that can communicate using natural language. The present article considers the impact of anthropomorphized robo-advisors on...
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robot technology increases long-run output per capita. In both cases, inequalities in labor income, wealth and consumption …, population aging and higher robot productivity, foster the increased use of robotics. Population aging decreases and progress in …
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robot tax that has featured prominently in the policy debate on automation and show that it could raise the capital stock … and per capita output at the steady state. However, the robot tax cannot induce a takeoff toward positive long-run growth. …
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