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In their robotics focussed study carried out in 2015, Graetz and Michaels concluded that robot densification increased the annual growth of GDP and labour productivity by about 0.37% and 0.36% respectively across 17 coun... Read more...
23 September 2019
Of course, the elasticity of the response to automation is an empirical question. Recent studies indeed find evidence of positive employment responses in some industries with new information technologies, automation, and... Read more...
13 September 2019
12 September 2019
Here it is interesting to visualize the implementation of industrial robots, the reference to the work of Graetz and Michaels, "Robots at work", of which they contribute the published picture 'Number of Industrial Robot... Read more...
13 August 2019
In addition, a number of works conclude that robotization, unlike computerization, leads to a decrease in demand for low and increased demand for highly skilled labor, but not to a drop in demand for medium-sk... Read more...
30 May 2018
It should also be taken into account that different types of new technologies have different influences on routine occupations: computerization causes the death of routine intellectual activities (for example,... Read more...
It is important also to see digitalisation and robotisation as a distribution problem. There is evidence that digitalisation and its applications have had a different impact on the various segments of the labo... Read more...
21 May 2018
In 2015, a study by Guy Michaels and George Graetz (https://voxeu.org/article/robots-productivity-and-jobs) looked at the impact of robots in manufacturing, agriculture and utilities across 17 countries. They ... Read more...
14 May 2018
"Whilst automation appears to be increasing the demand for high-skilled, high-income employees, its impact on low-skilled, low income employment is less clear," wrote the IFR. "Wage stagnation a... Read more...
03 May 2018
Further bolstering its case, the IFR release called out a recently published London School of Economics (LSE) study entitled Robots at Work. Examining the use of industrial robots in 17 developed economies bet... Read more...
30 April 2018
Robots’ capacity for autonomous movement and their ability to perform an expanding set of tasks have captured writers imaginations for almost a century. Recently, robots have emerged from the pages of sc... Read more...
25 April 2018
The London School of Economics (LSE) recently published a study entitled Robots at Work on the use of industrial robots in 17 developed economies between 1993 and 2007. LSE head of research, Guy Michaels, summ... Read more...
19 April 2018
There is a very interesting study made by the Economic Research Center of London, directed by George Graetz and Guy Michaels, which shows that between 1993 and 2007 in the United States the number of robots in... Read more...
02 April 2018
"There is no consensus on how robotics will affect the creation or destruction of employment, some studies are optimistic and others are not," Professor Guy Michaels of the London School of Economics... Read more...
01 April 2018
22 March 2018
Robots are set to steal lawyers’ jobs. Experts predict artificial intelligence breakthroughs mean machines will soon sift through legal paperwork and other complex documents at ultra high speed. Prof Guy... Read more...
21 March 2018
In the age of the "Digital Revolution" industrial and service robots are repeatedly breaking new sales records. The British government has recently announced that millions will be spent on artificial... Read more...
07 March 2018
Guy Michaels interviewed live during a conversation about the impact of robots and technology on productivity in the UK. ... Read more...
27 February 2018
This is potentially consistent with a story where the jobs that have been easiest to automate are middle-class-ish. Some jobs require extremely basic human talents that machines can’t yet match – l... Read more...
19 February 2018
Within the manufacturing industry, high levels of productivity would not be possible without the introduction of automation. A typical automotive manufacturer simply could not keep up with the demand for volum... Read more...
09 February 2018
08 February 2018
Briefing note prepared for the World Economic Forum Annual Meeting in Davos, Switzerland Concerns about automation’s impact add to the climate of mistrust. In the European public debate over automatio... Read more...
31 January 2018
In accordance with the theory of skill-biased technological change, many researchers are convinced that automation predominantly threatens low-skilled workers, who are at risk of being substituted for intellig... Read more...
19 December 2017
A recently published study, "Robots at Work" (Graetz, Michaels, 2017) highlights the actual economic impact of a major robot integration in industry. One conclusion is that the average increase in GD... Read more...
15 December 2017
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11 December 2017
Research from Graetz and Michaels using data from the International Federation of Robotics found that the use of robots within manufacturing raised the annual growth of productivity and GDP by 0.36 and 0.37 pe... Read more...
04 December 2017
An important study on panel data for 14 branches of seventeen countries for the period 1993-2007. was recently carried out by G. Graetz and G. Michaels (Graetz, Michaels, 2015). They demonstrated that at the s... Read more...
03 December 2017
A study by Graetz and Michaels found that the impact of industrial robots should boost pay for highly skilled workers while reducing pay for workers with low to medium skills. ... Read more...
01 December 2017
For our analysis, we exploit the same dataset from the International Federation of Robotics (IFR) that was used by Acemoglu and Restrepo (2016, 2017) and in the pioneering study by Graetz and Michaels (2017). ... Read more...
06 November 2017
Some recent studies, however, such as a 2015 paper by Georg Graetz and Guy Michaels, found that at least in the area they studied – the impact of industrial robots – innovation is boosting pay for ... Read more...
04 November 2017
Some recent studies however, such as a 2015 paper by Georg Graetz and Guy Michaels, found that at least in the area they studied – the impact of industrial robots – innovation is boosting pay for h... Read more...
03 November 2017
Recent research has shown that industrial robots in the US have led to heavy losses in terms of jobs and incomes. In this article, we will explore the impact they have had on the labor market in Germany, where... Read more...
22 October 2017
Article by John Van Reenen. When people discuss what drives long-run productivity, they usually focus on technical change. But productivity is about more than robots, new drugs and self-driving vehicles.... Read more...
18 October 2017
Industrial robots are high-quality, productive workers; humans can’t match their output. Because of these steel-collar workers and their peerless output—around the clock if necessary!—p... Read more...
13 October 2017
Fort Payne, Alabama was the former “Sock Capital of the World” until a trade deal triggered job losses. In this installment of #WorkInProgress, we show how one sock maker is pushing to keep “... Read more...
10 October 2017
Speaking mainly about vending machines and industrial robots. A study by George, Graetz of Uppsala University and Guy Michaels of the London School of Economics, which investigated the impact of roboticisation... Read more...
06 October 2017
Finally, the jobs most susceptible to automation are routine jobs that are made up of few, repetitive tasks, which tend to be lower- or middle-skill jobs. Non-routine jobs, on the other hand, require interpers... Read more...
05 October 2017
Article by Georg Graetz and Guy Michaels Whilst the U.S. unemployment rate has returned to pre-recession lows, there is concern among policymakers about other developments in the American labour market, not... Read more...
02 October 2017
26 September 2017
In recent work, Graetz and Michaels looked at 14 industries (mainly manufacturing industries, but also agriculture and utilities) in 17 developed countries (including European countries, Australia, S... Read more...
23 September 2017
Article by Nicholas Bloom, Charles I. Jones, John Van Reenen and Michael Webb: The rate of productivity growth in advanced economies has been falling. Optimists hope for a fourth industrial revolution, while p... Read more...
20 September 2017
In the recent shift from outsourcing manufacturing, many pundits have argued that the addition of more robotic job automation the more manufacturing jobs would be lost. This correlation has recently been the s... Read more...
12 September 2017
In the academic paper ‘Robots at Work’, Georg Graetz of Uppsala University and the LSE’s Guy Michaels discovered that, between 1993 and 2007, automated systems encouraged the average GDP of c... Read more...
09 September 2017
Economists Georg Graetz of Uppsala University and Guy Michaels of the London School of Economics produced a 2015 study which found that between 1993 and 2007, Michaels said, there was “a negative effect ... Read more...
The third reason to focus on Germany is a practical one. Detailed German labor market data are merged with the same data on industrial robots, that is also used by Acemoglu and Restrepo (Robots and J... Read more...
07 September 2017
In 2015, economists Georg Graetz of Uppsala University and Guy Michaels of the London School of Economics analyzed the effects of industrial robots on employment in 17 different countries between 1993 and 2007... Read more...
There is new evidence that raising the minimum wage pushes business owners to replace low-skilled workers with automation. And it shows that old, young, female and black low-skilled workers face the highest ... Read more...
17 August 2017
When the minimum wage goes up, the robots come for people's jobs. That's the upshot of a paper published today on the National Bureau of Economic Research's website (abstract, full PDF paywalled), ... Read more...
15 August 2017
14 August 2017
Tackling the question, ‘What’s the future of work’, are: Professor David Graeber of LSE’s Department of Anthropology; Dr Aleks Krotoski, social psychologist, technology journalist and f... Read more...
01 August 2017
Research done by Graetz and Michaels has shown that robots are contributing to historic production growth since their entrance into the manufacturing industries. Overall, it shows that between 1993 and 2007, r... Read more...
31 July 2017
In a new study from London’s Center for Economic Research [sic], the analysis offered by George Graetz and Guy Michaels of Uppsala University and the London School of Economics, respectively, offers some... Read more...
24 July 2017
Graph credit: Graetz and Michaels, “Robots at Work" - taken from the Brookings Institute article located here- which manages to interpret data from the Graetz and Michaels study rathe... Read more...
19 July 2017
IFR quoted OECD's research results. Companies that introduced innovative technology said they are more productive than 2-10 times more than companies that do not. Also cited a study by Graetz and Michaels ... Read more...
13 July 2017
According to the report of "The Impact of Robots on Productivity, Employment and Jobs" published by the International Robot Federation (IFR) recently issued by the Korea Robot Industry Promotion Agen... Read more...
11 July 2017
Several empirical studies have sought to determine whether recent technological advances have reduced the aggregate demand for work or hindered wage growth. For example, Terry Gregory, Anna Salomons and Ulrich... Read more...
07 July 2017
Observing 17 European countries, Georg Graetz and Guy Michaels (2015) estimate that the diffusion of industrial robots has stimulated labor productivity, value added, wages and overall factor product... Read more...
04 July 2017
Of made, in one of the pioneers on the subject drawn up by Georg Graetz and Guy Michaels in 2015 and in which analyzed data from 17 countries advanced from 1993 to 2007, found that, as seen in the following im... Read more...
16 June 2017
In fact, in one of the pioneering works on the topic developed by Georg Graetz and Guy Michaels in 2015 and analyzing data from 17 advanced countries from 1993 to 2007, find that, as seen in the following imag... Read more...
06 June 2017
Includes in the roundup: ‘Is Modern Technology Responsible for Jobless Recoveries?’, Georg Graetz and Guy Michaels, American Economic Review, May 2017 Abstract: Since the early 1990s, reco... Read more...
31 May 2017
In the period 1993-2007, Graetz and Michaels found that in 14 industries in 17 developed countries including Australia, industrial robots increase labour productivity, total factor productivity and wages. They... Read more...
17 May 2017
‘The first of these studies uses an industry-level robotics dataset to estimate the impact of the implementation of industrial robots on wages, productivity nd working hours from the 1990s to 2007 ... Read more...
14 May 2017
Article by Georg Graetz and Guy Michaels. Article originally published at VoxEU, Saturday 13 May Recoveries from recessions in the US used to involve rapid job generation. During the 1970s and 1980s, the fi... Read more...
Georg Graetz and Guy Michaels, DOI: 10.1257/aer.p20171100 Related publications In brief... Is technology to blame for jobless recoveries? Georg Graetz and Guy Michaels. Article in CentrePiece Volume 2... Read more...
12 May 2017
In 2015 by Georg Michaels[SIC] and Guy Graetz [SIC] published evidence from a dataset of companies in 17 countries gathered between 1993 and Subject articles 30 CLR News 1/2017 2007. They suggest that, while p... Read more...
Article by John Van Reenen. Managers are more frequently the butt of jokes from TV shows like “The Office” to “Horrible Bosses,” than seen as drivers of growth. But maybe things ar... Read more...
09 May 2017
Since the early 1990s, the US has been plagued by weak employment growth when emerging from recessions – so called ‘jobless recoveries’. Georg Graetz and Guy Michaels look at multiple recover... Read more...
09 March 2017
This phenomenon of labor market polarization (or “hollowing out” of middle-skilled jobs) has attracted widespread attention and contributed to the ongoing debate on the impact of technological chan... Read more...
14 February 2017
Britain’s manufacturing heritage is told through faded photos of workers on assembly lines, or operating basic tools. But that was the 1970s, and in the 21st century, a factory has a lot more robots. Usi... Read more...
26 January 2017
A multitude of studies weaken the prophecy of universal income advocates: that of researchers Georg Graetz and Guy Michaels (2015) , who found, by analyzing seventeen countries over fifteen years, the robot ha... Read more...
In a new paper called “Is Modern Technology Responsible for Jobless Recoveries?,” economists George Graetz and Guy Michaels looked at 17 different developed countries, from 1970 through 2011. The t... Read more...
23 January 2017
Most rich countries hire back workers after a recession. The U.S. replaces them with machines Economists have recently discovered that it’s middle-skill routine jobs -- think of cashiers, telemarketer... Read more...
Evidence published in 2015 by Michaels and Graetz from a dataset of companies in 17 countries gathered between 1993 and 2007, suggests that while productivity increases with robotic innovation and some semi-sk... Read more...
16 January 2017
Using national level data on worldwide robot shipments across 17 countries, George Graetz and Guy Michaels show that robots may have been responsible for about a tenth of the increases in those countries&rsquo... Read more...
11 January 2017
So, the White House cites a study of 2015 by George Graetz and Guy Michaels made in 17 countries, that concluded that the robots helped to increase the wealth of those countries by 0.4% between 1993 ... Read more...
30 December 2016
We have seen signs that the companies which manage to exploit the robots and the Internet of Things (IoT) in their production machinery can compete with factories in the distant economies. This trend is furthe... Read more...
23 December 2016
In fact the industry 4.0 represents a great opportunity for our manufacturing and for once never catches us completely off-guard. According to a recent study carried out by economists George Graetz and Guy Mic... Read more...
02 December 2016
Moreover, the recent “Robots at Work” study carried out by Uppsala University and the London School of Economics (LSE), found that, as of 1993, the U.K. ranked eighth out of 17 developed countries ... Read more...
17 November 2016
Given the increased usage of robotics and other automation, how will that impact the productivity numbers? In July of 2015, Georg Graetz and Guy Michaels published a paper, “Estimating the Impact of Robo... Read more...
07 November 2016
Article sources a figure from 'Guessing game: Actual job losses due to robots may not be as bad as anticipated for most countries' (Source: George Graetz and Guy Michaels, “Robots at Work”.... Read more...
27 October 2016
In today's interview, we sat down with Alan Manning, Professor of Labour Economics at the London School of Economics. He is a leading author in his field, particularly in understanding the imperfections of labour markets... Read more...
27 September 2016
The likely Locus of search robots and packaging of 25 thousand square meter warehouse helps to increase the productivity of the warehouse up to 800 percent. A previous study of Georg Graetz scientists and Guy Michaels (... Read more...
16 August 2016
Davvero i robot ci ruberanno il lavoro? A che cosa serve davvero l'automazione? Tutte queste predicazioni hanno in comune di invitare i popoli ad abbandonare qualsiasi progetto di poter in qualche modo essere protagonist... Read more...
12 August 2016
In a 2015 study, ''Robots at Work'', economists at Sweden's Uppsala University and the London School of Economics looked at the economic impact of robots from 1993 to 2007. They found that the use of robots in advanced e... Read more...
06 August 2016
Artificial intelligence is bound to exacerbate inequalities but why are economists still for it platforms That is to say, technical parts of the economy made great contribution to productivity growth. In 2015 a 17-count... Read more...
16 July 2016
The big bluff of robotisation Numerous studies announce us that Automation is going to lead to a massacre of jobs. At the same time, the productivity slowdown worries official economists and Christiane Lagarde, Presiden... Read more...
10 June 2016
Intuitively, automation would lead to higher labour productivity. For instance, with labour-assisting technology such as autonomous drone waiters by local firms, we would expect a fall in the number of waiters serving th... Read more...
08 June 2016
In the period 1993-2007, manufacturing employment in this country fell by around 55%, while the use of robots rose by around 80%. By contrast, Germany’s deployment of robots rose by around 165% and its m... Read more...
15 February 2016
The opportunity to automjate UK workplaces does not necessarily mean huge unemployment and lower pay as machines take over. The claims came in presentations ahead of the Automatica Robotics Trade Show, and aimed to highl... Read more...
08 February 2016
Robots at work is a study by Georg Graetz of the University of Uppsala in Sweden and Guy Michaels at the London School of Economics that analyzes statistics from 1993 until 2007 of 14 industries in 17 developed countries... Read more...
15 December 2015
Georg Graetz and Guy Michaels (2014) teachers at the University of Uppsala (Sweden) and the LSE, have written a study called 'Robots at Work' that has examined the effects of the use of robots in 14 manufacturing sectors... Read more...
14 December 2015
A recent study by Guy Michaels and Georg Graetz shows that robots might not drive people out of work. Instead they raise productivity which reduces the prices of goods and services. Lower prices increase demand to which ... Read more...
Earlier this year in a blog entitled ''Robots are infiltrating the growth statistics,'' the Brookings Institution commented on jointly conducted new research from Uppsala University and the London School of Economics, wh... Read more...
09 December 2015
Now, robots in the past have never been job-killers. First investigations of scientists Georg Graetz and Guy Michaels on the effects of robots show an increase in labour productivity, added value and wages, but also a re... Read more...
01 December 2015
In order of importance, it can be compared with the steam machine's breakthrough in the beginnings of industrialisation, according to Department of Economics Researcher George Graetz at Uppsala University. This article ... Read more...
16 November 2015
Robots are gradually becoming a part of everyday life, and as a result are impacting on the economy. To look at the influence robots are having, Joe Aldridge speaks with Guy Michaels, Associate Professor at the London Sc... Read more...
12 October 2015
Two economics professors have studied the impact the machines have had on employment, and their findings painted a positive picture. Uppsala University's Georg Graetz and Guy Michaels from the London School of Economics ... Read more...
02 September 2015
Uppsala University's Georg Graetz and Guy Michaels from the London School of Economics looked at productivity ... The interview was published online by Eagle Radio News on September 2, 2015 [Link unavailable] Relate... Read more...
The economic benefits of industrial robots installed since the early 1990s have been similar to those of the railways in the 19th century, US highways in the 20th century, and information and communications technologies ... Read more...
01 September 2015
Discussion of LSE research on robots. HOST: THE LONDON SCHOOL OF ECONOMICS DID A STUDY ON THE USE OF ROBOTS. SOME OF THE THINGS THEY FOUND OUR THAT IN 17 COUNTRIES THE USE OF ROBOTS INCREASED... The filmed interview wa... Read more...
Uppsala University's Georg Graetz and Guy Michaels from the London School of Economics looked at productivity and employment in a variety of countries between 1993 and 2007 to see if the trepidation about the increased u... Read more...
Article by Georg Graetz and Guy Michaels The authors say that: ''Industrial robots boost productivity and growth, but effect on jobs is an open question''. This article was published online by the LSE Business Review o... Read more...
13 August 2015
In a new paper from London's Center for Economic Research [sic] George Graetz, of Uppsala University, and Guy Michaels, of London School of Economics found that industrial robots have actually driven labor productivity a... Read more...
Article by Georg Graetz and Guy Michaels Robots may seem dangerous not only to cinema action heroes but also to the average manufacturing worker. To assess whether such concerns are well founded, Guy Michaels and Georg ... Read more...
10 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... Read more...
05 August 2015
Guy Michaels of the Centre for Economic Performance, LSE, discusses the use of robots in industry. This interview was broadcast by Share Radio on August 2, 2015 [No link available] Related publications Robots at work... Read more...
02 August 2015
In a March 2015 paper, Robots at Work, Georg Graetz of Uppsala University and Guy Michaels of the London School of Economics concentrate on the economic effects of industrial robots. They base their research on data coll... Read more...
31 July 2015
A February study by economists Georg Graetz of Uppsala University and Guy Michaels of the London School of Economics (LSE), using data from the International Federation of Robotics, has shown that robots of the same qual... Read more...
01 July 2015
A paper by Uppsala University and the London School of Economics in February revealed that industrial robots do increase labor productivity and raise a country's average growth rate by 0.37 percentage points. The ar... Read more...
23 June 2015
The study 'Robots at Work' (Robots at work), published in February 2015 analyzes the impact of the growing automation in the economic development of 17 countries. Its authors Georg Graetz of the University of Uppsala and... Read more...
21 June 2015
Despite ubiquitous discussions of robots' potential impact, there is almost no systematic empirical evidence on their economic effects. Researchers analyzed for the first time the economic impact of industrial robots, us... Read more...
20 June 2015
Scientists Georg Graetz of the Uppsala University and Guy Michaels of the London School of Economics come to the following conclusion: the average over 10 percent of increase of the gross domestic product and 15 percent ... Read more...
19 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... Read more...
16 June 2015
Provided in a new paper from London's Center for Economic Research [sic], the analysis offered by George Graetz and Guy Michaels of Uppsala University and the London School of Economics, respectively, offers some of the ... Read more...
Georg Graetz of the Swedish University of Uppsala, and Guy Michaels, of the London School of Economics, consider them, that the automation of services as the industry will perform well, but on one, or even two generation... Read more...
14 June 2015
Humans and robots: together unbeatable The current study ''Robots at Work'' by Graetz and Michaels (Uppsala University and London School of Economics), which examines the impact of increasing automation on the economic ... Read more...
13 June 2015
Most economies across the globe have a low, or even shrinking, share of manufacturing jobs. At the same, such firms are increasingly embracing the use of robots in the workplace. Brookings Institute researchers use two ... Read more...
30 April 2015
There's no relationship visible in the numbers between the change in factory employment and robot use, says Mark Muro, senior fellow at the Brookings Institution. In a blog post, he and Brookings colleague Scott Andes to... Read more...
'Robots at Work' - Centre for Economic Performance Discussion Paper No.1335 by Georg Graetz and Guy Michaels posted on the 'Must-Must-Read' blog. The DP was posted on the Washington Center for Equitable Growth's 'To... Read more...
27 April 2015
There hasn't been much macroeconomic research on the impact of robots to persuade commentators to move from anecdote to analysis. However, new evidence begins to shed some light on the macroeconomic role of automation in... Read more...
The rise of the robots - how automation of the shop-floor is increasing as is the household use of these machines - has been expansively commented upon. But what the gradual adoption of bots has meant for industry, has, ... Read more...
31 March 2015
Article by Georg Graetz and Guy Michaels Robots' capacity for autonomous movement and their ability to perform an expanding set of tasks have captured writers' imaginations for almost a century. Recently robots have eme... Read more...
18 March 2015
A new study of 17 countries published this week found the introduction of robots to the workplace increased economic growth by 0.37 percentage points and labor productivity by a similar margin. What's more, ''no signific... Read more...
11 March 2015
Alan Manning, an economist at the London School of Economics, takes issue with the assertion that economic trends observed in the US are caused by technological unemployment. While he agrees US data shows rising producti... Read more...
09 February 2015