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...
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Format: | Article |
Language: | English |
Published: |
American Economic Association,
2020-12-18T15:44:52Z.
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Subjects: | |
Online Access: | Get fulltext |