Daisuke Adachi, Daiji Kawaguchi and Yukiko Saito in this voxeu research: Previous studies have reported that the adoption of robotic technologies in industry reduces both employment and wages. This column examines the experience of Japan, which is unique due to early industry penetration and the fact that almost all the robots were domestically produced. Applying a different method from those in previous studies, it shows that the penetration of industrial robots has positive impacts on both employment and wages. This implies the potential for harmonisation of human work with future labour-replacement technology, such as artificial intelligence. This entry was posted on February 11, 2021 at 2:48 pm and is filed under Academic
Amol Agrawal considers the following as important: Academic research & research papers, Academic research & research papers, Economics - macro, micro etc, Growth and development
This could be interesting, too:
Amol Agrawal writes Ending shadow banking means ending modern central banking
Amol Agrawal writes Global reflation?
Amol Agrawal writes Moving from a poor economy to a rich one: The role of migrant job tasks
Amol Agrawal writes How market design can help solve problem of water allocation
Daisuke Adachi, Daiji Kawaguchi and Yukiko Saito in this voxeu research: