Six jobs eliminated for every robot in the workforce
People have been losing jobs to robots since the 1990's, a new report has revealed. When one or more robots was introduced into the workforce between 1990 and 2007, it led to the elimination of an average of six jobs. During those years, robots accounted for the loss of about 670,000 manufacturing jobs, and this is expected to rise in the coming years as robots continue to take over tasks previously performed by people. The effects of automation on employment for men are about 1.5-2 times large than those for women The report, published by the National Bureau of Economic Research, estimated that one more robot per thousand workers reduces wages by 0.25-0.5 per cent. Between 1993 and 2007, the authors of the report wrote that'the stock of robots in the United States and Western Europe increased fourfold'.
Mar-29-2017, 22:40:49 GMT
- Country:
- North America > United States (0.71)
- Europe > Western Europe (0.25)
- Genre:
- Research Report (1.00)
- Industry:
- Technology:
- Information Technology > Artificial Intelligence
- Robots (1.00)
- Issues > Social & Ethical Issues (0.32)
- Information Technology > Artificial Intelligence