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The wrong kind of AI? : artificial intelligence and the future of labor demand

Acemoglu, Daron; Restrepo, Pascual - 2019

Artificial Intelligence is set to influence every aspect of our lives, not least the way production is organized. AI, as a technology platform, can automate tasks previously performed by labor or create new tasks and activities in which humans can be productively employed. Recent technological...

Persistent link: https://www.econbiz.de/10012001438

Secular stagnation? : the effect of aging on economic growth in the age of automation

Acemoglu, Daron; Restrepo, Pascual - 2017

Several recent theories emphasize the negative effects of an aging population on economic growth, either because of the lower labor force participation and productivity of older workers or because aging will create an excess of savings over desired investment, leading to secular stagnation. We...

Persistent link: https://www.econbiz.de/10011689142

Robots and jobs : evidence from U.S. labor markets

Acemoglu, Daron; Restrepo, Pascual - 2017

As robots and other computer-assisted technologies take over tasks previously performed by labor, there is increasing concern about the future of jobs and wages. We analyze the effect of the increase in industrial robot usage between 1990 and 2007 on US local labor markets. Using a model in...

Persistent link: https://www.econbiz.de/10011689323

Low-skill and high-skill automation

Acemoglu, Daron; Restrepo, Pascual - 2017

We present a task-based model in which high- and low-skill workers compete against machines in the production of tasks. Low-skill (high-skill) automation corresponds to tasks performed by low-skill (high-skill) labor being taken over by capital. Automation displaces the type of labor it directly...

Persistent link: https://www.econbiz.de/10011786882

Demographics and automation

Acemoglu, Daron; Restrepo, Pascual - 2018

We argue theoretically and document empirically that aging leads to greater (industrial) automation, and in particular, to more intensive use and development of robots. Using US data, we document that robots substitute for middle-aged workers (those between the ages of (36 and 55). We then show...

Persistent link: https://www.econbiz.de/10011820230

Automation and the Workforce : A Firm-Level View from the 2019 Annual Business Survey

Acemoglu, Daron; Anderson, Gary; Beede, David Nathan; … - National Bureau of Economic Research - 2022

This paper describes the adoption of automation technologies by US firms across all economic sectors by leveraging a new module introduced in the 2019 Annual Business Survey, conducted by the US Census Bureau in partnership with the National Center for Science and Engineering Statistics (NCSES)....

Persistent link: https://www.econbiz.de/10013462707

Innovation network

Acemoglu, Daron; Akcigit, Ufuk; Kerr, William R. - 2016

linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 … predictive power on future innovation after 1995. This pattern is consistent with the idea that when there is more past upstream …

Persistent link: https://www.econbiz.de/10011557905

Innovation network

Acemoglu, Daron; Akcigit, Ufuk; Kerr, William R. - 2016

Persistent link: https://www.econbiz.de/10011876795

The wrong kind of AI? : artificial intelligence and the future of labour demand

Acemoglu, Daron; Restrepo, Pascual - In: Cambridge journal of regions, economy and society 13 (2020) 1, pp. 25-35

Persistent link: https://www.econbiz.de/10012229857

Innovation network

Acemoglu, Daron; Akcigit, Ufuk; Kerr, William R. - 2016

Persistent link: https://www.econbiz.de/10011570941