Automation has not wiped out a majority of jobs because it both substitutes for and complements labor, leading to higher demand for labor. Changes in technology do affect the types of jobs available and their pay, but the polarization of the labor market is unlikely to continue in the future. Recent and future advances in artificial intelligence and robotics will shape the trajectory of occupational change and employment growth, with computers substituting for routine tasks and workers providing problem-solving skills, adaptability, and creativity. The risk of job loss due to automation is driven by occupation-specific factors, but the rise […]
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