Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/125230
Authors: 
Freeman, Richard
Year of Publication: 
2015
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2014 [Issue:] 5
Abstract: 
Robots, that is any sort of machinery from computers to artificial intelligence programs that provides a good substitute for work currently performed by humans, can increasingly replace workers, even highly skilled professionals, and thus reduce opportunities for good jobs and pay. But, with appropriate policies, the higher productivity due to robots can improve worker well-being by raising incomes and creating greater leisure for workers. Consider the way Google reduces the need for reference librarians and research assistants, or the way massive open online courses reduce the need for professors and lecturers. How these new technologies affect worker well-being and inequality depends on who owns them.
Subjects: 
robots
job displacement
lower pay
income inequality
employee ownership
JEL: 
J2
J3
D3
Persistent Identifier of the first edition: 
Document Type: 
Article

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