Join us for a presentation of 'New Frontiers: The Origins and Content of New Work, 1940 — 2018' by David Autor (MIT and NBER) and the findings on the source of 'new work' followed by a discussion with an invited panel of academics and policy makers.
Join us for a presentation of ‘New Frontiers: The Origins and Content of New Work, 1940 — 2018’ by David Autor (MIT and NBER) and the findings on the source of ‘new work’ followed by a discussion with an invited panel of academics and policy makers.
Research on the impact of new technologies on work has illustrated that on the one hand machines can displace workers from performing some job tasks reducing in this way labour demand, but on the other hand they can also make workers more efficient in their tasks raising labour demand. A crucial missing link from this analysis is that job tasks should not be considered as fixed as they also evolve over time. Technology plays a major role in this evolution by creating new forms of work. The paper studies the creation of new job tasks and provides evidence on the origins and content of new work over the last 80 years.
At this event we will discuss: What lessons can we learn from this research for the future of work? How important is education and job characteristics for the creation of new jobs tasks? Are new forms of work sufficient to counterbalance potential displacement effects of technological advancements? What are the implications for the future direction of labour market policy?
Ford Professor, Department of Economics, Massachusetts Institute of Technology
Instituut Gak Endowed Professor, Utrecht University
Director for Employment and Social Governance, DG Employment, Social Affairs and Inclusion, European Commission
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Second day of Bruegel Annual Meetings.
From 2002 up to 2009, the economies of European Union countries went through a skill upgrading, rather than a polarisation between low-skill and high-skill jobs. After 2009, this changed, with declining real wages and a significant increase in the share of workers in low-skill jobs. This assessment evaluates these changes in connection with labour market variables, population densities and the emergence of machine learning and artificial intelligence.
AI promises a new industrial revolution but history warns us that industrial revolutions aren't always that fun for people in the eye of the storm. This week, Nicholas Barrett and Maria Demertzis spoke with Dr. Carl Frey, author of the book "The technology trap: capital, labor, and power in the age of automation", and Robert D. Atkinson, President of Information Technology and Innovation Foundation (ITIF), about how artificial intelligence will affect the job market.
This blog is part of a series following the 2019 Bruegel annual meetings, which brought together nearly 1,000 participants for two days of policy debate and discussion.
EU policymakers must find answers to pressing questions: if technology has a negative impact on labour income, how will the welfare state be funded? How can workers’ welfare rights be adequately secured? A team of Bruegel scholars, with the support of the Mastercard Center for Inclusive Growth, has taken on these questions.