http://www.oxfordmartin.ox.ac.uk/downloads/academic/The_Future_of_Employment.pdf The linked paper is brought to you by researchers from Oxford University. They examine emerging labor market trends resulting from automation and why the oncoming round of automation will be different from the last.
Synopsis:
Historic labor market trends (1980-2005) point towards a hollowing out of middle income routine based careers in favor of high-income cognitive and low-income manual occupations. Net changes in US employment were U-shaped in skill level, meaning lowest and highest job-skill quartiles expanded sharply with relative employment declines in the middle of the distribution.These changes resulted from automation being confined to routine manufacturing tasks. […]
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