A new study measures the actual impact of robots on jobs. It’s significant.

A new study measures the actual impact of robots on jobs. It’s significant.

Machines replacing humans in the workplace has been a perpetual concern since the Industrial Revolution, and an increasing topic of discussion with the rise of automation in the last few decades. But so far hype has outweighed information about how automation — particularly robots, which do not need humans to operate — actually affects employment and wages.

The recently-published paper “Robots and Jobs: Evidence from U.S. Labor Markets” by MIT professor and Boston University professor Pascual Restrepo, PhD ’16, finds that industrial robots do have a negative impact on workers.

The researchers found that for every robot added per 1,000 workers […]

As America’s labor market faces fundamental change, it’s time to consider a universal basic income

As America’s labor market faces fundamental change, it’s time to consider a universal basic income

Robots on a grid at an Ocado fullfilment center in the U.K. where the company has about 600,000 active customers. Ocado entered into an exclusive partnership with Kroger to build the automated online grocery fulfillment centers in the U.S. COVID-19, in a matter of weeks, has stripped us bare of any illusion that we have it all figured out. Societal inequity has been thrust center stage, from the number of people one crisis away from poverty to the clear racial inequity in the disease’s disparate impact on communities of color.

In a strange paradox we were shown just how wide […]

Is AI Contributing to Climate Change and Delaying People Coming out of Poverty?

Is AI Contributing to Climate Change and Delaying People Coming out of Poverty?

AI has become the buzzword of the world, and an integral part of almost every company’s digital transformation agenda. AI users have become producers of AI tools and services. Corporate leaders and even the White House have come with forward with a directive on promotion, promulgation, and advancement of artificial intelligence.

On February 11, 2019, President Trump signed Executive Order 13859 announcing the American AI Initiative. Executive Order 13859 is the United States’ national strategy on artificial intelligence. 4000+ companies in the world are in the business of producing AI tools, products and services. AI and its impact on climate […]

Not all Wisconsin manufacturing job loss can be blamed on China

Not all Wisconsin manufacturing job loss can be blamed on China

Is China to blame for all the manufacturing jobs Wisconsin lost in recent decades?

That’s the claim from a Facebook video making the rounds in the runup to the November 2020 presidential election.

President Donald Trump and former Vice President Joe Biden are ramping up their own campaign ads, but an avalanche of outside groups are trying to get their own messages across.A June 4, 2020 Facebook video from conservative SuperPAC America First Action attacks the former vice president for not understanding "the threat" China poses to the United States.The video features Biden and then-Secretary of State Hillary Clinton at a […]

Let’s make the new normal a better place

Let’s make the new normal a better place

The idea of a Universal Basic Income (UBI) has always made sense. That is why it has attracted such broad backing from sometimes unlikely supporters.

Conservative thinker and author Milton Friedman supported it, as does Canadian Conservative Sen. Hugh Segal and Martin Luther King.

But we now know one thing we didn’t before COVID-19. UBI works. We know that because the federal government quickly realized a crisis basic income was essential to cushion the pandemic’s economic impact on millions of Canadians.The government came up with the Canadian Emergency Response Benefit (CERB), $2,000 per month to Canadians suffering pandemic-induced job loss.CERB has […]

The future of the Job Market and Automation

Automation is the way of the future and inevitable, some people will be hurt, but most will adapt to the new reality. To mitigate the negative effects, I as a conservative would like to see:

> Universal E-verify- In an automated world the people most likely hurt are going to be low skilled people. With less jobs going to those people, it becomes much more important that we make sure that the few remaining areas of employment for low skilled workers goes to American citizens.

Increased emphasis on Trades- If we ramp up the emphasis on trades as […]

Deaths of Despair and a Nation in Crisis

Deaths of Despair and a Nation in Crisis

Photo by Rebecca Wilcox, Purdue University Anne Case & Angus Deaton

The Princeton economists behind the “deaths of despair” thesis—Anne Case and Nobel Prize winner Angus Deaton—talk with Irwin Stelzer and Jeffrey Gedmin about their new book, the flaws of our economic and health care systems, and whether our national crisis could spur needed reforms.

I rwin Stelzer and TAI Editor-in-Chief Jeffrey Gedmin recently interviewed Anne Case and Sir Angus Deaton, the husband-and-wife team whose pioneering research on “deaths of despair” has reshaped the national debate. With their new book coming out amid a global pandemic, they discussed how its […]

A New Age of Feudalism for the Working Class?

A New Age of Feudalism for the Working Class?

In the past, fears of job losses from automation were often overstated. Technological progress eliminated some jobs but created others, and often better-paying ones. In the early days of the high-tech revolution, many of the pioneering firms—such as Hewlett-Packard, Intel, and IBM—were widely praised for treating their lower-level workers as part of the company and deserving of opportunities for advancement, as well as benefits including health insurance and a pension.

The labor policies of the newer generation of tech giants tend to be vastly different. Firms like Tesla have been sued for failing to pay contract workers the legally mandated […]

Youth in the post-COVID world

Youth in the post-COVID world

As I write this opinion piece my heart goes out to the millions around the world who were due to graduate from their universities this year. As they enter one of the worst job markets in recent history they must adapt to these uncertain times.

The first thing for all individuals entering the job market is to understand that the virus has impacted us in many ways which we were not prepared for. Had Marx been alive today he surely would have been laughing at the sight of distressed economies, which had grown only after exploiting millions. But if one […]

Compassion for the Unemployed Won’t Last Long

Compassion for the Unemployed Won’t Last Long

Anthony Gerace In the past few weeks the United States has witnessed an unprecedented spike in jobless claims that has overwhelmed state agencies. Alongside a health crisis and an economic crisis, we are now entering into a devastating period of mass unemployment, one that— decades of research tell us—will leave deep financial and psychological scars for the workers and families trapped within it. Today, Americans across party lines recognize the need to act quickly to minimize this harm, but that bipartisan support will soon fade, as it has in past recessions. If Congress and state governments are going to […]