LSE EUROPP - European Politics and Policy blog:
Industral robots have boosted productivity and growth but their effect on jobs remains an open question
5 August 2015
Robots and automated processes have become a feature of many modern workplaces, but what impact do such innovations have on productivity and jobs? Using a new dataset, Georg Graetz and Guy Michaels present an analysis of the economic effects of robots since the early 1990s, noting that they have made a substantial contribution to productivity and aggregate growth. They also write that while fears of robots destroying jobs on a large scale have proven unfounded, there is evidence that they may reduce the employment of low and middle-skilled workers.
This article was published online by LSE EUROPP - European Politics and Policy blog on August 5, 2015
Link to article here
Related publications
Robots at work: the impact on productivity and jobs, Georg Graetz and Guy Michaels. Article in CentrePiece Volume 20, Issue 1, Summer 2015
'Robots at Work', Georg Graetz and Guy Michaels, Centre for Economic Performance Discussion Paper No.1335, March 2015
Related links
Georg Graetz webpage
Guy Michaels webpage
Labour Markets Programme webpage