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 …

to accelerate technological change. Previous recent crises were characterized by an acceleration of automation, which …

to accelerate technological change. Previous recent crises were characterized by an acceleration of automation, which …

productivity. The effects of automation are counterbalanced by the creation of new tasks in which labor has a comparative advantage …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 …

To understand the effects of automation and other types of technological changes on European labor demand, we use a … factors of production. Automation, by creating a displacement effect, shifts the task content of production against labor …

result of productivity growth (assumed to reflect automation) and are part of a long-term trend. Since the 1980s, however … growth has largely kept pace with private sector real output growth, that productivity growth has been much higher, and that …, the apparently robust growth in manufacturing real output and productivity have been driven by a relatively small industry …

affects the marginal productivity of the latter, and that a decline in the cost of introducing ADT reduces employers …