Narratives About Technology-Induced Job Degradation Then and Now

Robert J. Shiller ()
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Robert J. Shiller: Cowles Foundation, Yale University, https://economics.yale.edu/people/faculty/robert-shiller

No 2168, Cowles Foundation Discussion Papers from Cowles Foundation for Research in Economics, Yale University

Abstract: Concerns that technological progress degrades job opportunities have been expressed over much of the last two centuries by both professional economists and the general public. These concerns can be seen in narratives both in scholarly publications and in the news media. Part of the expressed concern about jobs has been about the potential for increased economic inequality. But another part of the concern has been about a perceived decline in job quality in terms of its effects on monotony vs creativity of work, individual sense of identity, power to act independently, and meaning of life. Public policy should take account of both of these concerns, inequality and job quality.

Keywords: Labor-saving machines; Artificial intelligence; History of thought; Division of labor; Unemployment; Automation; Robotics (search for similar items in EconPapers)
JEL-codes: B0 E2 J0 N3 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2019-02
New Economics Papers: this item is included in nep-big, nep-his, nep-hpe, nep-lab, nep-ltv and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)

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