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1by National Bureau of Economic Research, Cambridge, Acemoglu, Daron, Restrepo, Pascual“…Even when they are strong, automation in- creases output per worker more than wages and reduce the share of labor in national income. The more powerful countervailing force against automation is the creation of new labor-intensive tasks, which reinstates labor in new activities and tends to increase the labor share to counterbalance the impact of automation. …”
Published 2018
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2by National Bureau of Economic Research, Cambridge, Acemoglu, Daron, Restrepo, Pascual“…Using a model in which robots compete against human labor in the production of different tasks, we show that robots may reduce employment and wages, and that the local labor market effects of robots can be estimated by regressing the change in employment and wages on the exposure to robots in each local labor market—defined from the national penetration of robots into each industry and the local distribution of employment across industries. …”
Published 2017
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