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How is new technology changing job design? : machines' ability to perform cognitive, physical, and social tasks is advancing, dramatically changing jobs and labor markets
Gibbs, Michael; Bazylik, Sergei - 2022
The IT revolution has had dramatic effects on jobs and the labor market. Many routine manual and cognitive tasks have been automated, replacing workers. By contrast, new technologies complement and create new non-routine cognitive and social tasks, making work in such tasks more productive, and...
Persistent link: https://www.econbiz.de/10013413272
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How is new technology changing job design? : machines’ ability to perform cognitive, physical, and social tasks is accelerating, dramatically changing jobs and labor markets
Gibbs, Michael - 2017
The information technology revolution has had dramatic effects on jobs and the labor market. Many routine and manual …
Persistent link: https://www.econbiz.de/10011630775
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Artificial intelligence and high-skilled work : evidence from analysts
Grennan, Jillian; Michaely, Roni - 2020
Policymakers fear artificial intelligence (AI) will disrupt labor markets, especially for high-skilled workers. We investigate this concern using novel, task-specific data for security analysts. Exploiting variation in AI's power across stocks, we show analysts with portfolios that are more...
Persistent link: https://www.econbiz.de/10012419400
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Applying AI to Rebuild Middle Class Jobs
Autor, David H. - National Bureau of Economic Research - 2024
While the utopian vision of the current Information Age was that computerization would flatten economic hierarchies by democratizing information, the opposite has occurred. Information, it turns out, is merely an input into a more consequential economic function, decision-making, which is the...
Persistent link: https://www.econbiz.de/10014486232
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Learning from Ricardo and Thompson : Machinery and Labor in the Early Industrial Revolution, and in the Age of AI
Acemoglu, Daron; Johnson, Simon - National Bureau of Economic Research - 2024
David Ricardo initially believed machinery would help workers but revised his opinion, likely based on the impact of automation in the textile industry. Despite cotton textiles becoming one of the largest sectors in the British economy, real wages for cotton weavers did not rise for decades. As...
Persistent link: https://www.econbiz.de/10014544695
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Harnessing the opportunities of inclusive technologies in a global economy
Beliz, Gustavo; Basco, Ana Inés; Azevedo, Belisario de - 2018
In this paper the authors propose that G20 countries endorse and facilitate the creation of a T20 digital platform for "Accelerating the Jobs of the Future". In a world driven by a new wave of technological change, the platform would revalue the role of think tanks, research institutions and...
Persistent link: https://www.econbiz.de/10011908136
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Harnessing the opportunities of inclusive technologies in a global economy
Beliz, Gustavo; Basco, Ana Inés; Azevedo, Belisario de - 2019
In this paper the authors propose that G20 countries endorse and facilitate the creation of a T20 digital platform for “Accelerating the Jobs of the Future”. In a world driven by a new wave of technological change, the platform would revalue the role of think tanks, research institutions and...
Persistent link: https://www.econbiz.de/10011955420
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The race for an artificial general intelligence : implications for public policy
Naudé, Wim; Dimitri, Nicola - 2018
An arms race for an artificial general intelligence (AGI) would be detrimental for and even pose an existential threat to humanity if it results in an unfriendly AGI. In this paper an all-pay contest model is developed to derive implications for public policy to avoid such an outcome. It is...
Persistent link: https://www.econbiz.de/10011895813
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How do workers adjust when firms adopt new technologies?
Genz, Sabrina; Gregory, Terry; Janser, Markus; Lehmer, … - 2021
’ technology adoption to administrative social security data. We then compare individual outcomes between workers employed at … technology adopters relative to non-adopters. Depending on the type of technology, we find evidence for improved employment … stability, higher wage growth, and increased cumulative earnings in response to digital technology adoption. These beneficial …
Persistent link: https://www.econbiz.de/10012623549
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How do workers adjust when firms adopt new technologies?
Genz, Sabrina; Gregory, Terry; Janser, Markus; Lehmer, … - 2021
' technology adoption to administrative social security data. We then compare individual outcomes between workers employed at … technology adopters relative to non-adopters. Depending on the type of technology, we find evidence for improved employment … stability, higher wage growth, and increased cumulative earnings in response to digital technology adoption. These beneficial …
Persistent link: https://www.econbiz.de/10012603258