VoxEU Column Labour Markets Productivity and Innovation In recent years, the rapid integration of industrial robots into manufacturing processes has spurred significant debate among policymakers and economists. The discussion centres around the transformative effects of automation on employment and the distribution of wages, especially in economies with substantial industrial sectors like the US. This column examines how the rise of robot capital has influenced wage polarisation across different occupations from 1990 to 2007, shedding light on the mechanisms driving these changes. The growing role of robots in industry
Industrial robots have revolutionised factory production over the past three decades, […]
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