The effects of digital technology on work and wages.
Technology may not have a significant negative impact on the quantity of jobs available to humans, but it certainly transforms them, changing how jobs are performed, with implications for workers’ quality of life and for productivity. Hence the focus shifts from a quantitative to a qualitative perspective.
Online job postings indicate that demand from top tech firms for frontier IT skills is about double their demand for other IT skills. This could indicate increasing concentration of skills in a few firms, with other firms left behind.
Addressing employers’ and employees’ challenges.
Policymakers should act to deal with labour-market concentration trends that potentially harm workers, especially gig workers and the self-employed.
Laura Nurski, Sabine Theresia Köszegi and Giuseppe Porcaro explore the relationship between artificial intelligence and job transformation and ask whether the impact differs by gender.
The digital transition should be managed – and taxed – alongside other societal transitions, but any tax on companies that replace employees with automated systems should be targeted and carefully designed to not stifle innovation.
The pandemic has shown workers and employers that another way to work is possible. The European Union should develop a framework to facilitate hybrid work.
More remote working in the wake of the pandemic could exacerbate wage inequality, with young workers, women and the low educated potentially losing out.
Bruegel Annual Meetings, Day 2 - This panel will cover the changes the COVID-19 pandemic made to our workplaces, and what to expect in the near future.
What will be the impact of automation on the economy? Bruegel's own Giuseppe Porcaro discusses with Aaron Benanav, Laura Nurski, and Alexis Moraitis.
European countries must do more to tackle the vaccine uptake gap. Vaccination data should be published at the maximum granularity level so researchers and local decision-makers can monitor progress.