Prof. Daron Acemoglu from MIT explains if robots could make up the shortfall in the labour market. (26:24)
"The technological portfolio of the American economy has become much less balanced, and in a way that is highly detrimental to workers."
Daron Acemoglu ... suggests that the adoption of robots from 1990 to 2020 resulted in fewer jobs and lower wages overall.
The economic payoff of investing in machines and software has been elusive. But the inequality resulting from those investments is crystal clear.
Nhat Nguyen (MBA '21) says: "I love the mission of the company to unlock productivity for people by building innovative tools ... "
"For the world to meet even a 2°C target requires collaboration between the United States and China."
"US businesses have been slow in adopting the most advanced AI technologies ... "
... we invited our panels of economists to comment on the work of the winners of the Nobel Prize in Economic Sciences.
" ... we have been investing more and more in automation, technologies, and that has been associated with much greater inequality."
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