Digitalisation and European welfare states
Georgios Petropoulos,
J. Scott Marcus,
Nicolas Moës and
Enrico Bergamini
in Blueprints from Bruegel
Abstract:
Rapid technological progress and innovation can destroy jobs and disrupt welfare systems. This is not a new concern. Historically, automation of production processes has led to extraordinary efficiency gains and to the displacement of labour. But history has also shown that, in the longer run, the gains in efficiency pay off and new jobs are created. But the past is not necessarily a guide to the future. Currently, an unprecedented...
Date: Written 2019-07 Originally published 2019-07.
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Persistent link: https://EconPapers.repec.org/RePEc:bre:bluprt:31635
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