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Friday, March 31, 2017

The robot debate is over: the jobs are gone and they aren't coming back

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New report shows automation is already causing losses, depressing wages and likely to have lasting, devastating effect

In 2013, the Oxford Martin School released a report that looked at the automation of work, assessing the likelihood that robots and other technologies would replace humans. It concluded that of the 702 job categories examined, 47% were susceptible to automation within the next 20 years. The report completely upended our ideas about the future of work.

Now, a new report by the National Bureau of Economic Research (NBER) in the United States is set to be an even bigger wake-up call. Written by economists Daron Acemoglu (MIT) and Pascual Restrepo (Boston University), it not only adds support to the Oxford Martin conclusions, it actually suggests the jobs are already lost and unlikely to come back.

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March 31, 2017 at 02:26PM

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from Tim Dunlop

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