Category: Automation Impact on Jobs

Robo-AI jobs doomsday may, er… not actually happen, say boffins

Robo-AI jobs doomsday may, er... not actually happen, say boffins

Damn. Can we have our technopanic back, please?

Special Report Today’s technopanic about robots and AI, largely created by the media, may be overstated.

New modelling published this week attempts to isolate the impact of industrial automation from other factors, and envisage what the economy might look like if the use of robots in industry increases, focusing on the impact on employment rates and working-class wages. Factory robots may have a significant impact on both – but only if the adoption of automation increases dramatically, the authors note. And it may not.In recent months headline-grabbing studies by consultants McKinsey and […]

We’re so unprepared for the robot apocalypse

We’re so unprepared for the robot apocalypse

Robotic systems work on a car at the Jaguar Land Rover factory in March in Solihull, England. (Leon Neal/Getty Images) Economists have long argued that automation, not trade, is responsible for the bulk of the six million jobs shed by the manufacturing sector over the last 25 years. Now, they have a put a precise figure on some of the losses.

Industrial robots alone have eliminated up to 670,000 American jobs between 1990 and 2007, according to new research from MIT’s Daron Acemoglu and Boston University’s Pascual Restrepo.

The number is stunning on the face of it, and many have interpreted […]

Never mind the Mexicans – Trump should fear the Robots

Never mind the Mexicans - Trump should fear the Robots

Economics experts warn

While the US government is making hay blaming foreigners for coming to the US and stealing jobs, it should be more worried about robots.

A new study from two leading economists have warned that the US is about to hand over most of its jobs to robots.According to the New York Times the industry most affected by automation is manufacturing. For every robot per thousand workers, up to six workers lost their jobs and wages fell by as much as three-fourths of a percent, according to a new paper by the economists, Daron Acemoglu of M.I.T. […]

​Worried that robots will take your job? You should be, as they’ve already cut your pay

​Worried that robots will take your job? You should be, as they've already cut your pay

Researchers estimate that the introduction of robots between 1990 and 2007 resulted in the loss of between 360,000 and 670,000 jobs. A new paper looking at US jobs data and industrial robot usage between 1990 and 2007 paints a bleak picture for the role of humans in tomorrow’s economy.

Economics researchers Daron Acemoglu, from the Massachusetts Institute of Technology, and Pascual Restrepo, from Boston University, found "large and robust negative effects of robots on employment and wages" when looking at US employment data over the period.

They attempted to measure the impact robots have had on wages and on employment so […]

Yes, the robots are taking U.S. jobs, new study says

Yes, the robots are taking U.S. jobs, new study says

Robots are taking our jobs, with those in the manufacturing industry feeling the most impact, a new research report says.

For every robot per thousand workers, about six workers lost their jobs, according to economists Daron Acemoglu of M.I.T. and Pascual Restrepo of Boston University, who conducted the study for the private, nonprofit National Bureau of Economic Research.

That amounts to 670,000 manufacturing jobs lost during the period covered by the study: 1990 to 2007. In addition, wages fell by as much as 0.7 percent during that time.Some workers in certain areas were more affected than others. “Our measure of exposure […]

Robots Depress Wages and Take Away Jobs: NBER

Robots Depress Wages and Take Away Jobs: NBER

The prospect of robots taking away jobs and reducing wages has been a lingering fear among workers in the manufacturing industry . That fear received corroboration from a new study released by the National Bureau of Economic Research (NBER) yesterday. According to the study, the introduction of a single industrial robot resulted in a loss of approximately 6.2 jobs per thousand workers and declined wages by roughly half a percentage point for the same set of people.

In total, robots were responsible for 670,000 job losses between 1990 and 2007, the period analyzed by the study’s authors. The study compared […]

Robots are winning the race for jobs, study finds

Robots are winning the race for jobs, study finds

Sushi robot Waterloo Region Record

Who is winning the race for jobs between robots and humans? Last year, two leading economists described a future in which humans come out ahead. But now they’ve declared a different winner: the robots.

The industry most affected by automation is manufacturing. For every robot per thousand workers, up to six workers lost their jobs and wages fell by as much as three-fourths of a per cent, according to a new paper by the economists, Daron Acemoglu of MIT and Pascual Restrepo of Boston University. It appears to be the first study to quantify large, direct, […]

Tips for Outsmarting Job-Stealing Robots

Attention, Americans: Robots in the U.S. are stealing jobs, reducing wages and promoting inequality.

That’s according to new research published by the National Bureau of Economic Research. Economists Daron Acemoglu of the Massachusetts Institute of Technology and Pascual Restrepo of Boston University were behind the study.

The automation analysis looked at industrial robots’ impact in the U.S. between 1990 and 2007, according to a report on the research in the MIT Technology Review . During that period, automation led to the loss of up to 670,000 American jobs, with manufacturing workers taking the hardest blow. The MIT Tech Review says:Adjusting for […]

Six jobs are eliminated for EVERY robot introduced into the workforce, new report reveals

Six jobs are eliminated for EVERY robot introduced into the workforce, new report reveals

People have been losing jobs to robots since the 1990’s, a new report has revealed.

When one or more robots was introduced into the workforce between 1990 and 2007, it led to the elimination of an average of six jobs.

During those years, robots accounted for the loss of about 670,000 manufacturing jobs, and this is expected to rise in the coming years as robots continue to take over tasks previously performed by people.Scroll down for video The effects of automation on employment for men are about 1.5-2 times large than those for women The report , published by the National […]

The Real Challenge for U.S. Industry

The Real Challenge for U.S. Industry

The conventional wisdom about the decline in American manufacturing jobs is that automation is to blame—“Most US manufacturing jobs lost to technology, not trade,” a Financial Times headline claims. Similarly, a December New York Times article self-assuredly states, “The Long-Term Jobs Killer Is Not China. It’s Automation,” as does CNN Money in its article, “Rise of the machines: Fear robots, not China or Mexico.”

This assessment of the state of U.S. manufacturing rests on two statistics that seem to be in tension. First, employment in U.S. manufacturing has plunged, down 30 percent since 2000. Secondly, manufacturing output has held steady […]