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Studies find that technological change has contributed to the decline in manufacturing and to persistent unemployment in many advanced economies. While process innovation can be job-destroying, product innovation can imply the emergence of new firms, new sectors, and thus new jobs. But even for...
Persistent link: https://www.econbiz.de/10011431678
This research presents a new metric known as "AI Augmentation," aimed at quantifying the influence of generative AI across diverse job roles, organizations, and sectors. The analysis defies prevailing expectations of job losses due to AI, instead demonstrating a reverse correlation between AI...
Persistent link: https://www.econbiz.de/10014345530
always exceeding that in bottom ones. Overall, top occupations have gained over 80% of the employment shares lost by middling … decrease and the distribution of their employment shift towards the bottom of the occupational skill distribution. The increase … since the 1990s. Employment has not polarised for graduates, but has become less concentrated in top occupations, especially …
Persistent link: https://www.econbiz.de/10013016337
Industry 4.0 is the essence of the fourth Industrial revolution and is happening right now in manufacturing by using cyber-physical systems (CPS) to reach high levels of automation. Industry 4.0 is especially beneficial in highly developed countries in terms of competitive advantage, but causes...
Persistent link: https://www.econbiz.de/10011902920
the large increase in graduate numbers contributed to the substantial reallocation of employment from middling to top … the skill mix of the workforce account for most of the decline in routine employment across the occupational distribution …
Persistent link: https://www.econbiz.de/10012147247
as measured by standard indices of the skill-intensity of employment. This is significant since most of the impact of …
Persistent link: https://www.econbiz.de/10014216462
I investigate the role of labor market flows in the decline of routine employment in Switzerland between 1992 and 2018 … analysis shows that the decline in routine employment was almost entirely driven by decreasing inflow rates from non …-routine into routine employment has decreased for all distin- guished demographic groups, while the propensity to enter the labor …
Persistent link: https://www.econbiz.de/10013542122
Western Europe, but by lower employment rates in Eastern and Southern Europe. …
Persistent link: https://www.econbiz.de/10011524624
Western Europe, but by lower employment rates in Eastern and Southern Europe. …
Persistent link: https://www.econbiz.de/10011528838
employment and unemployment outcomes is very sensitive to the age range of the sample. We argue that this is because the … size increases employment and reduces unemployment. …
Persistent link: https://www.econbiz.de/10011554005