Machines replacing humans in the workplace has been a perpetual concern since the Industrial Revolution, and an increasing topic of discussion with the rise of automation in the last few decades. But so far hype has outweighed information about how automation — particularly robots, which do not need humans to operate — actually affects employment and wages.
The recently-published paper “Robots and Jobs: Evidence from U.S. Labor Markets” by MIT professor and Boston University professor Pascual Restrepo, PhD ’16, finds that industrial robots do have a negative impact on workers.
The researchers found that for every robot added per 1,000 workers […]
Full Post at mitsloan.mit.edu