This is the impact robots are having in jobs in the US | World Economic Forum

Canadian Prime Minister Justin Trudeau high fives a robotic arm as he takes part in a robotics demonstration at Kinova Robotics in Boisbriand, Quebec, Canada March 24, 2017.  REUTERS/Christinne Muschi     TPX IMAGES OF THE DAY - RTX32L58

Robots appear to have a more negative impact on the employment of men than of women.

Image: REUTERS/Christinne Muschi

This article is published in collaboration withNBER Digest

   

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On average, the arrival of one new industrial robot in a local labor market coincides with an employment drop of 5.6 workers.

With America’s workers already squeezed by forces ranging from international competition to offshoring to new information technologies, concern is growing about the impact of robots on jobs and wages.

In Robots and Jobs: Evidence from U.S. Labor Markets (NBER Working Paper No. 23285), Daron Acemoglu and Pascual Restrepo find that deployment of robots reduces employment and wages, but they caution that it is difficult to measure net labor market effects. 

Image: NBER

Since at least the start of the Industrial Revolution, economists and policy makers have pondered how relentless technological advances might impact labor markets

https://www.weforum.org/agenda/2017/05/robots-and-jobs-this-is-the-impact-theyre-having-in-the-us?utm_content=bufferd83e4&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer

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