Jonas Loebbing, Daron Acemoğlu
Existing evidence shows that automation has impacted jobs in the middle of the pay and skill distribution, causing polarisation in the labour market. The column proposes a new explanation for this polarisation pattern: low wages at the bottom of the wage distribution have made automation of low-skill jobs less profitable. However, further improvements in the productivity of machines may extend the reach of automation, potentially reversing the polarisation pattern in the future.
Πηγή: Voxeu