We examine the impact of lost intellectual property protection on innovation, competition, acquisitions, lawsuits and …

automation in the textile industry. Despite cotton textiles becoming one of the largest sectors in the British economy, real … wages for cotton weavers did not rise for decades. As E.P. Thompson emphasized, automation forced workers into unhealthy … factories with close surveillance and little autonomy. Automation can increase wages, but only when accompanied by new tasks …

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

computerization and automation, have been characterized as "routine-substituting." They have reduced the demand for routine tasks, but …

ever more complex tasks amenable to automation. The effects on wages depend on a race between automation and capital … accumulation. If automation proceeds sufficiently slowly, then there is always enough work for humans, and wages may rise forever …. By contrast, if the complexity of tasks that humans can perform is bounded and full automation is reached, then wages …

-based model of AI's effects, working through automation and task complementarities. So long as AI's microeconomic effects are … advances are unlikely to increase inequality as much as previous automation technologies because their impact is more equally …

innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings … automation, health care, and energy, and correcting these distortions could have sizable welfare benefits …

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 …