“Automation is critical for understanding inequality dynamics,” says MIT economist Daron Acemoglu, co-author of a newly published paper detailing the findings. Now a new study co-authored by an MIT economist suggests automation has a bigger impact on the labor market and income inequality than previous research would indicate - and identifies the year 1987 as a key inflection point in this process, the moment when jobs lost to automation stopped being replaced by an equal number of similar workplace opportunities. In other cases, forms of automation, from robots to phone-answering systems, have simply replaced factory workers, receptionists, and many other kinds of employees. In some white-collar jobs - designer, engineer - people become more productive with sophisticated software at their side. Modern technology affects different workers in different ways. This is part 3 of a three-part series examining the effects of robots and automation on employment, based on new research from economist and Institute Professor Daron Acemoglu.
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