Credit: CC0 Public Domain Modern technology affects different workers in different ways. In some white-collar jobs—designer, engineer—people become more productive with sophisticated software at their side. In other cases, forms of automation, from robots to phone-answering systems, have simply replaced factory workers, receptionists, and many other kinds of employees.
Now a new study co-authored by an MIT economist suggests automation has a bigger impact on the labor market and income inequality than previous research would indicate—and identifies the year 1987 as a key inflection point in this process, the moment when jobs lost to automation stopped being replaced by an […]
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