More Robots Lead to Hiring More People, Study Shows

More Robots Lead to Hiring More People, Study Shows

Many people fear the rise in automation may result in lower employment but that may not always be the case. According to new research , firms who were quick to add robots to their manufacturing also saw a rise in employees. An additional dimension

“When you look at use of robots at the firm level, it is really interesting because there is an additional dimension,” said study co-author and MIT economist Daron Acemoglu. “We know firms are adopting robots in order to reduce their costs, so it is quite plausible that firms adopting robots early are going to […]

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