Rapid technological progress poses challenges for labor markets. Automation can both displace and create jobs … further decline in the labor share of national income. This paper reviews the impact of automation and artificial intelligence …

We argue theoretically and document empirically that aging leads to greater (industrial) automation, and in particular … older to middle-aged workers — is associated with greater adoption of robots and other automation technologies across … development of automation technologies in countries undergoing greater demographic change. Our directed technological change model …