Modern robots are increasingly capable of performing “basic” activities such as localization, navigation, and motion planning. However, for a robot to be considered intelligent, we would like it to be able to automatically combine these capabilities in order to achieve a high-level goal. The...

Using a novel dataset from the International Federation of Robotics (IFR), I find that robots can transform the labor market landscape and mitigate the impact of labor market frictions on financial policy decisions. Firms with more robots, which reduce labor adjustment costs and operational...