on robots and trade, the magnitude of these taxes may decrease as the process of automation and globalization deepens and …

impact by serving as a new general-purpose “method of invention” that can reshape the nature of the innovation process and … the organization of R&D. We distinguish between automation-oriented applications such as robotics and the potential for … stimulating research productivity and innovation-oriented competition going forward …

We argue theoretically and document empirically that aging leads to greater (industrial) automation, and in particular … older to middle-aged workers—is associated with greater adoption of robots and other automation technologies across … development of automation technologies in countries undergoing greater demographic change. Our directed technological change model …

We summarize a framework for the study of the implications of automation and AI on the demand for labor, wages, and … employment. Our task-based framework emphasizes the displacement effect that automation creates as machines and AI replace labor … counteracted by a productivity effect, resulting from the cost savings generated by automation, which increase the demand for labor …

We present a framework for understanding the effects of automation and other types of technological changes on labor … allocation of tasks to capital and labor—the task content of production. Automation, which enables capital to replace labor in … a result, automation always reduces the labor share in value added and may reduce labor demand even as it raises …

control (CNC), an important type of flexible automation which can significantly increase productivity, product variety and …

This paper points out that modeling automation as factor-augmenting technological change has several unappealing … reduce the equilibrium wage (for realistic parameter values). This approach to automation also enables a discussion of … capital, the deepening of automation (whereby machines become more productive in tasks that are already automated), and the …