How robots hurt jobs and wages

How robots hurt jobs and wages

Employment and wages suffer due to automation. Automation, a growing part of daily life, can make work easier but has also raised concerns about potential disruption and job loss. According to one World Bank estimate, two thirds of jobs in developing countries could be lost to automation.

A new research study by Osea Giuntella and Tianyi Wang published by the IZA Institute of Labour economics, which explores the implications of automation in China, adds to these concerns.

To measure the impact of automation on the Chinese labour market, the author examined data from the International Federation of Robotics (IFR) for countries’ […]

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