The Race between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment

We examine the concerns that new technologies will render labor redundant in a framework in which tasks previously performed by labor can be automated and new versions of existing tasks, in which labor has a comparative advantage, can be created. In a static version where capital is fixed and techno...

Full description

Bibliographic Details
Main Authors: Acemoglu, K. Daron (Author), Restrepo, Pascual (Author)
Other Authors: Massachusetts Institute of Technology. Department of Economics (Contributor)
Format: Article
Language:English
Published: American Economic Association, 2020-12-18T15:44:52Z.
Subjects:
Online Access:Get fulltext