MIT Technology Review:
Who will own the robots?
16 June 2015
In fact, there is not much evidence on how even today's automation is affecting employment. Guy Michaels and his colleague Georg Graetz at the London School of Economics recently looked at the impact of industrial robots on manufacturing in 17 developed countries. The findings tell a mixed story: the robots did seem to replace some low-skill jobs, but their most important impact was to significantly increase the productivity of the factories, creating new jobs for other workers. Overall, there was no evidence that the robots reduced total employment, says Michaels.
This article was published online by MIT Technology Review (English translation) on June 16, 2015
Link to article here
Related publications
'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