American researchers have calculated that every new industrial robot installed in the US between 1993 and 2007 replaced 3.3 jobs. But in a separate analysis of French industry from 2010 to 2015, they have also found that firms that adopt robots quickly became more productive and hire more workers, while their competitors fall behind and shed workers – with jobs again being reduced overall.
The results have been published in a series of three papers written by Professor Daron Acemoglu, an economist at MIT, with several co-authors. In one of the papers , Acemoglu and Dr Pascual Restrepo, an assistant […]
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