Attention, Americans: Robots in the U.S. are stealing jobs, reducing wages and promoting inequality.
That’s according to new research published by the National Bureau of Economic Research. Economists Daron Acemoglu of the Massachusetts Institute of Technology and Pascual Restrepo of Boston University were behind the study.
The automation analysis looked at industrial robots’ impact in the U.S. between 1990 and 2007, according to a report on the research in the MIT Technology Review . During that period, automation led to the loss of up to 670,000 American jobs, with manufacturing workers taking the hardest blow. The MIT Tech Review says:Adjusting for […]
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