Evidence for the Negative Historical Social Effects of Technological Progress: Revision history

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21 October 2023

  • curprev 23:3623:36, 21 October 2023Mbauwens talk contribs 7,432 bytes +7,432 Created page with " =Discussion= Aki Ito: "Acemoglu and Restrepo, casting around for more empirical evidence, zeroed in on robots. What they found was stunning: Since 1990, the introduction of every additional robot reduced employment by approximately six humans, while measurably lowering wages. "That was an eye-opener," Acemoglu told me. "People thought it would not be possible to have such negative effects from robots." Many economists, clinging to the technological orthodoxy, dismis..."