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    <title><![CDATA[Blogs review: Robots, capital-biased technological change and inequality]]></title>
    <link>http://www.bruegel.org</link>
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    <pubDate>Wed, 22 May 2013 00:40:06 +0100</pubDate>
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      <title><![CDATA[Blogs review: Robots, capital-biased technological change and inequality]]></title>
      <link>http://www.bruegel.org</link>
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      <link>http://www.bruegel.org/nc/blog/detail/article/958-blogs-review-robots-capital-biased-technological-change-and-inequality/</link>
      <description><![CDATA[Maybe we are asking the wrong questions. Rather than looking at what will happen to wages and jobs, we shold be asking what will be happening to to total demand within the economy. Or to put it more simply, how many goods will all these robots buy? It is no good producing goods if nobody is in employment and has the money to buy the goods!<br/><br/><a href="http://www.bruegel.org/nc/blog/detail/article/958-blogs-review-robots-capital-biased-technological-change-and-inequality/">Read more...</a>]]></description>
      <pubDate>Sun, 16 Dec 2012 13:32:58 +0000</pubDate>
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      <title><![CDATA[]]></title>
      <link>http://www.bruegel.org/nc/blog/detail/article/958-blogs-review-robots-capital-biased-technological-change-and-inequality/</link>
      <description><![CDATA[thinkprogress.org/economy/2011/08/08/290205/verizon-strike-profits/
&nbsp;
The workers are battling a long list of concessions that the company is demanding of them, ranging from asking employees to contribute more to their health care plans to halting pension accruals this year. 
...
Cutting workers benefits as a cost-saving measure is a natural part of a market economy when times are bad, but what is particularly outrageous about Verizon’s demands is that the company’s fiscal health is actually rapidly improving and its profits soaring. The company’s quarterly report released in January found that their profits nearly doubled from the same point last year. Then in April,&#8230;<br/><br/><a href="http://www.bruegel.org/nc/blog/detail/article/958-blogs-review-robots-capital-biased-technological-change-and-inequality/">Read more...</a>]]></description>
      <pubDate>Tue, 11 Dec 2012 19:34:38 +0000</pubDate>
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      <link>http://www.bruegel.org/nc/blog/detail/article/958-blogs-review-robots-capital-biased-technological-change-and-inequality/</link>
      <description><![CDATA[You could argue that we are practically in the world of Doers. Substitute \&quot;Doer\&quot; for \&quot;machine\&quot; and it doesn\'t sound incorrect.
&nbsp;
Most of the jobs in developed countries nowadays fall in one of these categories:
1. Interaction with people to provide a human touch, or to coordinate the efforts of other people
2. Supervision of machines
3. Repair of machines
4. Design of objects (real or virtual) made by machines. This would include all software development.
&nbsp;
There are still quite a few jobs that won\'t fall in one of those categories, for example may jobs in healthcare, but&#8230;<br/><br/><a href="http://www.bruegel.org/nc/blog/detail/article/958-blogs-review-robots-capital-biased-technological-change-and-inequality/">Read more...</a>]]></description>
      <pubDate>Tue, 11 Dec 2012 11:56:48 +0000</pubDate>
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