We develop an assignment model of automation. Each of a continuum of tasks of variable complexity is assigned to either … capital or one of a continuum of labor skills. We characterize conditions for interior automation, whereby tasks of … advantage in the most complex tasks relative to capital, and because the wages of the least skilled workers are sufficiently low …

I develop an assignment model of occupations with multidimensional heterogeneity in production tasks and worker skills … automation, skill-biased technical change, offshoring, and worker training. Using the model, I characterize how wages, the … marginal product of workers, the substitutability between worker types, and the labor share depend on the assignment of tasks …

accurate analysts, leaving for non-research jobs. Reallocating efforts toward tasks that rely on social skills improve …

I develop an assignment model of occupations with multidimensional heterogeneity in production tasks and worker skills … automation, skill-biased technical change, offshoring, and worker training. Using the model, I characterize how wages, the … marginal product of workers, the substitutability between worker types, and the labor share depend on the assignment of tasks …

allocation of tasks to capital and labor - the task content of production. Automation, which enables capital to replace labor in … productivity. The effects of automation are counterbalanced by the creation of new tasks in which labor has a comparative advantage … - due to automation and new tasks - can be inferred from industry-level data. Our empirical decomposition suggests that the …

of what machines can do. Nowadays increasingly complex tasks are automatable at a precision which seemed infeasible only … able to perform more and more manual and also cognitive tasks that previously only humans could do. As a result of these … developments, some argue that large shares of jobs are "at risk of automation", spurring public fears of massive job-losses and …

How do firms respond to technological advances that facilitate the automation of tasks? Which tasks will they automate … complexity and its training requirements. When two tasks are equally complex, firms will automate the task that requires more … training and in which labor is hence more expensive. Under quite general conditions this leads to job polarization, a decline …

, 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 … on creating new tasks where labor can be productively employed. The consequences of this choice have been stagnating …

allocation of tasks to capital and labor – the task content of production. Automation, which enables capital to replace labor in … productivity. The effects of automation are counterbalanced by the creation of new tasks in which labor has a comparative advantage … – due to automation and new tasks – can be inferred from industry-level data. Our empirical decomposition suggests that the …

, 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 … on creating new tasks where labor can be productively employed. The consequences of this choice have been stagnating …