H David - Journal of economic perspectives, 2015 - aeaweb.org

Why are there still so many jobs? The history and future of workplace automation.

ADVANCE: Organizational Change for Gender Equity in STEM Academic Professions AND Program Evaluation

David

GSID: MChqdlRx9rkJ

Excerpt

In this essay, I begin by identifying the reasons that automation has not wiped out a majority of jobs over the decades and centuries. Automation does indeed substitute for labor—as it is typically intended to do. However, automation also complements labor, raises output in ways that leads to higher demand for labor, and interacts with adjustments in labor supply. Journalists and even expert commentators tend to overstate the extent of machine substitution for human labor and ignore the strong complementarities between automation …

Similar articles

" Automation" of Manufacturing in the Late Nineteenth Century: The Hand and Machine Labor Study.

Margo RA, Rhode PW.
J Atack, RA Margo, PW Rhode - Journal of Economic Perspectives, 2019 - aeaweb.org
GSID: WqrszLVAi9gJ

Artificial intelligence as augmenting automation: Implications for employment.

Almirall E, Tschang FT.
FT Tschang, E Almirall - Academy of Management Perspectives, 2021 - journals.aom.org
GSID: A2C0YaMTbDQJ

Cited by

Modern labor economics: Theory and public policy.

Ehrenberg RG, Hallock KF, Smith RS.
RG Ehrenberg, RS Smith, KF Hallock - 2021 - taylorfrancis.com
GSID: 6uLKY9V1JuwJ

The risk of automation for jobs in OECD countries: A comparative analysis.

Arntz M, Gregory T, Zierahn U.
M Arntz, T Gregory, U Zierahn - 2016 - oecd-ilibrary.org
GSID: ZP1pMti-lpAJ

The rise and fall of American growth.

Gordon RJ.
RJ Gordon - The Rise and Fall of American Growth, 2016 - degruyter.com
GSID: 7exrLMUtMJ4J