Steve Jurvetson via flickr Adding one industrial robot to the workforce will reduce employment by 6.2 workers and reduce wages for the local economy, says a new study from the National Bureau of Economic Research . What’s more, there aren’t any significant increases in other jobs in the impacted areas to offset the losses – one finding that surprised even the study’s authors.
Economists Daron Acemoglu of MIT and Pascual Restrepo of Boston University looked at data spanning between 1990 and 2007 to reach their findings. Overall, they saw that one new industrial robot per thousand workers reduced the employment-to-population […]
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