BU economist finds job loss to machines, but sees long-term hope
Are we bumping up against the “ Robocalypse ,” where automation sweeps industry and replaces human workers with machines? BU economist Pascual Restrepo says that interpretation is too gloomy, although his recent research , posted online by the National Bureau of Economic Research , reveals that the adoption of just one industrial robot eliminates nearly six jobs in a community.
The study, examining job losses between 1990 and 2007, modified earlier research by Restrepo, a College of Arts & Sciences assistant professor of economics, and coauthor Daron Acemoglu of […]
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