The Effects of Automation on Labor Demand. A Survey of the Recent Literature

Philippe Aghion (), Céline Antonin, Simon Bunel and Xavier Jaravel
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Philippe Aghion: PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, PJSE - Paris Jourdan Sciences Economiques - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, Collège de France - Chaire Economie des institutions, de l'innovation et de la croissance - CdF (institution) - Collège de France

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Abstract: Should we fear or welcome automation? On the one hand, fear may prevail if we believe that human workers will be replaced by machines which perform their tasks, thereby increasing unemployment and reducing the labor share. On the other hand, we may welcome automation since it spurs growth and prosperity, as illustrated by the big technological revolutions – steam engine in the early 1800s, electricity in the 1920s – none of which generated the mass unemployment anticipated by some.

Date: 2023
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Published in Lili Yan Ing; Gene M. Grossman. Robots and Ai. A new economic era., Routledge, 2023, 9781032230665. ⟨10.4324/9781003275534⟩

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Related works:
Working Paper: The Effects of Automation on Labor Demand. A Survey of the Recent Literature (2023)
Working Paper: The Effects of Automation on Labor Demand. A Survey of the Recent Literature (2023)
Working Paper: The Effects of Automation on Labor Demand: A Survey of the Recent Literature (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-03756498

DOI: 10.4324/9781003275534

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