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Since the beginning of the Industrial Revolution, technological change has led to the automation of existing tasks and … been costly to individual workers, but labor demand has remained strong, and real wages have steadily increased in line … with productivity growth. I provide evidence suggesting, however, that in recent decades automation has outpaced the …
Persistent link: https://www.econbiz.de/10012201715
Since the beginning of the Industrial Revolution, technological change has led to the automation of existing tasks and … been costly to individual workers, but labor demand has remained strong, and real wages have steadily increased in line … with productivity growth. I provide evidence suggesting, however, that in recent decades automation has outpaced the …
Persistent link: https://www.econbiz.de/10012206073
Since the beginning of the Industrial Revolution, technological change has led to the automation of existing tasks and … been costly to individual workers, but labor demand has remained strong, and real wages have steadily increased in line … with productivity growth. I provide evidence suggesting, however, that in recent decades automation has outpaced the …
Persistent link: https://www.econbiz.de/10012207823
, 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 change has been biased towards automation, with insufficient focus … tendency is to develop AI in the direction of further automation, but this might mean missing out on the promise of the "right …
Persistent link: https://www.econbiz.de/10012001438
We present a framework for understanding the effects of automation and other types of technological changes on labor … allocation of tasks to capital and labor - the task content of production. Automation, which enables capital to replace labor in … a result, automation always reduces the labor share in value added and may reduce labor demand even as it raises …
Persistent link: https://www.econbiz.de/10012001461
, 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 change has been biased towards automation, with insufficient focus … tendency is to develop AI in the direction of further automation, but this might mean missing out on the promise of the "right …
Persistent link: https://www.econbiz.de/10012005993
We present a framework for understanding the effects of automation and other types of technological changes on labor … allocation of tasks to capital and labor – the task content of production. Automation, which enables capital to replace labor in … a result, automation always reduces the labor share in value added and may reduce labor demand even as it raises …
Persistent link: https://www.econbiz.de/10012005994
Persistent link: https://www.econbiz.de/10012196970
Persistent link: https://www.econbiz.de/10012211373
Persistent link: https://www.econbiz.de/10012229857