Unease over the role of automation-related job losses has risen in recent years, spawning academic conferences, research studies and a host of news stories. To be sure, productivity growth through better automation and work processes should be a welcomed feature of any economy.
There is a justified concern, however, for workers who find themselves unable to work due to obsolete skills. That worry is the basis for significant investments in workforce training and skill enhancements in every state, but what if there’s more to the problem? Does the risk of automation-related job losses effect more than labor market outcomes?
That question […]
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