Tag Archives: Robots

Inequality and Technological Change: The Skill Complementarity of Broadband Internet

A very interesting paper from Anders Akerman, Ingvil Gaarder, Magne Mogstad: Does adoption of broadband internet in firms enhance labor productivity and increase wages? And is this technological change skill biased or factor neutral? We exploit rich Norwegian data with firm-level information on … Continue reading

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Technological Change through History: the View from 30,000 feet

Brad Delong has a an outstanding post on technological change. He categorizes how people add value and shows how technological change alters these categories. It’s interesting to think about his post and these issues in terms of a simple (classical) model and … Continue reading

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Policy Implications of the Rise of Robots

After the forum that I posted about yesterday, there was a Q&A with Larry Summers. I asked him about the policy implications of living in a world of “Doers” and whether that should change how we think about pro-capital vs … Continue reading

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Larry Summers on Economic Possibilities for Our Children – Robots, Inequality, & Government Spending

I came across the lecture Larry Summers gave on the future of the next generation in which he talks about the rise of robots, inequality, government spending and many other interesting issues. Very much worth watching. Here’s a summary of some … Continue reading

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Two interesting posts from Noah Smith

1. Rise of cyborgs 2. What do econ blog audiences like to read?

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Quick Takes on Robots, Disability Insurance, Debt Ceiling, & Charts to inform Grand Bargains

1. I still don’t understand why Krugman thinks the invention of “doers” will be bad for high skilled workers. Here’s my reasoning. 2. Ed Glaeser “2013 Is the Year to Go to Work, Not Go on Disability” HT Evan Soltas 3. Foreboding Feeling: Fiscal … Continue reading

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How Much Do Wages Go Up When Profit Increases by a Dollar?

Given the interest in the rise of robots, shrinking labor shares and the owners of capital, I thought I’d highlight a Van Reenen paper that David Card suggested we read on the link between firm profitability and wages. It looks at at … Continue reading

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