New Economic Paper Shows Robots Likely Reduce Employment and Wages

The National Bureau of Economic Research released “Robots and Jobs: Evidence from US Labor Markets,” a paper which may be the first to quantify something many people have suspected for a while—that robots are taking their jobs. Economists Daron Acemoglu and Pascual Restrepo concluded robots were likely responsible for 670,000 lost manufacturing jobs between 1990 and 2007. The results are striking because previously the authors had been optimistic about the resilience of the labor force in the face of automation. The Technoskeptic had recently written about this issue in a piece jointly published with Newsweek. —ML

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