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robots, this paper analysis the impact of robots on the wages of workers in the manufacturing sector. The results show that … industrial robots increase wages for high-skilled workers relative to low-skilled workers, hence robots increases the skill … or professional occupations. Overall, our results suggest that the introduction of industrial robots has a positive …
Persistent link: https://www.econbiz.de/10012266979
Communication Technologies (ICT) and robots, in 14 European countries between 2010 and 2018. To identify the causal effects of … strategy proposed by Acemoglu and Restrepo (2020). We find that the exposure to ICT and robots increased the shares of young … relatively low ICT-related skills; and for young men in routine manual occupations, who experienced substitutions by robots …
Persistent link: https://www.econbiz.de/10013470097
period marked by the rapid adoption of industrial robots. Automation reduced relative hourly wages and employment of more … input to the EUROMOD microsimulation model, we find that automation had minor effects on income inequality. Household labour … income diversification and tax and welfare policies largely absorbed labour market shocks caused by automation. Transfers …
Persistent link: https://www.econbiz.de/10014391207
types of capital: traditional physical capital (machines, assembly lines), industrial robots, and AI. Following the … literature, we assume that industrial robots predominantly substitute for low-skill workers, whereas AI mainly helps to perform …
Persistent link: https://www.econbiz.de/10014529725
This paper examines the extent to which aggregate-level de-routinization can be attributed to firm-level technology adoption during the most recent technological expansion. We use administrative data and a novel firm survey to distinguish frontier technologies from older technologies. We find...
Persistent link: https://www.econbiz.de/10014462259
An arms race for an artificial general intelligence (AGI) would be detrimental for and even pose an existential threat to humanity if it results in an unfriendly AGI. In this paper an all-pay contest model is developed to derive implications for public policy to avoid such an outcome. It is...
Persistent link: https://www.econbiz.de/10011895813
concern is whether labor can win a 'race against the robots' and the longer-term concern is whether an artificial general …
Persistent link: https://www.econbiz.de/10011993083
-level robot adoption. Overall, our results highlight the uneven effects of automation on the workforce. …
Persistent link: https://www.econbiz.de/10014230161
Using the entire population of USPTO patent applications published between 2002 and 2019, and leveraging on both patent classification and semantic analysis, this paper aims to map the current knowledge base centred on robotics and AI technologies. These technologies are investigated both as a...
Persistent link: https://www.econbiz.de/10012805445
The present technological revolution, characterized by the pervasive and growing presence of robots, automation …
Persistent link: https://www.econbiz.de/10012116763