We summarize a framework for the study of the implications of automation and AI on the demand for labor, wages, and … employment. Our task-based framework emphasizes the displacement effect that automation creates as machines and AI replace labor … counteracted by a productivity effect, resulting from the cost savings generated by automation, which increase the demand for labor …

The purpose of this paper is to investigate the mechanisms underlying the relationship between automation and labor … realize the tasks necessary for the production process. The two scenarios considered, with and without automation, confirm … that automation is indeed a key factor in polarizing the structure of skill demand and increasing wage inequality. This …