Robots are us: some economics of human replacement
"Will smart machines replace humans like the internal combustion engine replaced horses? If so, can putting people out of work, or at least out of good work, also put the economy out of business? Our model says yes. Under the right conditions, more supply produces, over time, less demand as the...
| Main Authors: | , , , , |
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| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Cambridge, MA
2015
NBER |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19115116124919333989-Robots-are-us-some-economics-o.htm |
| _version_ | 1771659900210905088 |
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| author | National Bureau of Economic Research, Cambridge Benzell, Seth G. Kotlikoff, Laurence J. LaGarda, Guillermo Sachs, Jeffrey D. |
| author_facet | National Bureau of Economic Research, Cambridge Benzell, Seth G. Kotlikoff, Laurence J. LaGarda, Guillermo Sachs, Jeffrey D. |
| collection | Library items |
| description | "Will smart machines replace humans like the internal combustion engine replaced horses? If so, can putting people out of work, or at least out of good work, also put the economy out of business? Our model says yes. Under the right conditions, more supply produces, over time, less demand as the smart machines undermine their customer base. Highly tailored skill- and generation-specific redistribution policies can keep smart machines from immiserating humanity. But blunt policies, such as mandating open-source technology, can make matters worse. " |
| format | TEXT |
| id | 19115116124919333989_addf01226f6b42c8828198d3dcd1a91a |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19115116124919333989_addf01226f6b42c8828198d3dcd1a91a |
| is_hierarchy_title | Robots are us: some economics of human replacement |
| language | English |
| physical | 38 p. Digital |
| publishDate | 2015 |
| publisher | Cambridge, MA NBER |
| spellingShingle | National Bureau of Economic Research, Cambridge Benzell, Seth G. Kotlikoff, Laurence J. LaGarda, Guillermo Sachs, Jeffrey D. automation robots quality of working life technological change Robots are us: some economics of human replacement |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=108565792674 |
| title | Robots are us: some economics of human replacement |
| topic | automation robots quality of working life technological change |
| url | https://www.labourline.org/KENTIKA-19115116124919333989-Robots-are-us-some-economics-o.htm |