This article reviews the literature on automation and its impact on labor markets, wages, factor shares, and … market trends and the effects of automation technologies. The task model clarifies that automation technologies operate by … task models and the displacement effects of automation. I conclude by discussing shortcomings of the existing literature …

We provide an argument for long-term automation and decline in the labor income share, driven by capital accumulation … rescaled in the same way. Then ongoing capital accumulation gives rise to progressive automation, and the share of labor income …

changes in particular, automation that displaces workers from tasks they used to perform, and the creation of new tasks that … reinstate workers into the production process. We show that factor prices depend on the set of tasks that factors perform, and … that automation: (i) powerfully impacts inequality; (ii) can reduce real wages; and (iii) can generate realistic changes in …

declines in labor share and the share of production workers in employment, and increases in value added and productivity. They … expand their overall employment as well. However, this expansion comes at the expense of their competitors (as automation …

allocation of tasks to capital and labor--the task content of production. Automation, which enables capital to replace labor in …We present a framework for understanding the effects of automation and other types of technological changes on labor … tasks it was previously engaged in, shifts the task content of production against labor because of a displacement effect. As …

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

COVID-19 may accelerate the automation of jobs, as employers invest in technology to adapt the production process to … safeguard against current and potential future pandemics. We identify occupations that have high automation potential and also …