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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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, population aging and higher robot productivity, foster the increased use of robotics. Population aging decreases and progress in … robot technology increases long-run output per capita. In both cases, inequalities in labor income, wealth and consumption …
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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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