Automation creates jobs – so long as you move quickly

Posted on 25 Jun 2020 by Jonny Williamson

A new study has revealed that businesses that move quickly to use robots tend to add workers to their payroll, while industry job losses are more concentrated in firms that make this change more slowly.

The study – co-authored by MIT economist professor Daron Acemoglu, Clair Lelarge, a senior research economist at the Banque de France and the Center for Economic Policy Research; and Pascual Restrepo, an assistant professor of economics at Boston University – examines the introduction of robots to French manufacturing, illuminating the business dynamics and labour implications in…

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