polarization resulted from increased automation, and provide a theoretical explanation. In our model, firms deciding whether to … engineering sense) of the task, against the cost of employing workers, which is increasing in training time required by the task …. Insights from artificial intelligence and robotics suggest that some tasks do not require training regardless of complexity …

How do firms respond to technological advances that facilitate the automation of tasks? Which tasks will they automate … complexity and its training requirements. When two tasks are equally complex, firms will automate the task that requires more … training and in which labor is hence more expensive. Under quite general conditions this leads to job polarization, a decline …

As the pace of digitalization and automation accelerates globally, and more disruptive innovations in machine learning …

We analyze the effects of R&D-driven automation on economic growth, education, and inequality when high-skilled workers … and that they may actually reduce education. Finally, we extend the model by fair wage concerns and show how automation …

of how automation and artificial intelligence could reshape society and the economy. However, technological shifts in …

new skills will be needed, and how existing jobs will change; (ii) upgrading education and professional training schemes … the adoption of skills-augmenting technologies. Private sector companies should strengthen training programs …

will change; (ii) upgrading education and professional training schemes; (iii) reforming labor market institutions to … training programs. …