Exposure to industrial robots in the workplace leads to less participation in the labor force, less employment, and less pay, according to economics researchers.
Workplace automation also appears to increase family debt and reduce – by only a small amount – the number of children born to affected families, while adding to the time and money that families invest in existing children.
In a paper titled "How do Workers and Households Adjust to Robots? Evidence from China," distributed by the National Bureau of Economics Research, co-authors Osea Giuntella (University of Pittsburgh), Yi Lu (Tsinghua University), and Tianyi Wang (University of Toronto) […]
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