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Pandemics and Automation: Will the Lost Jobs Come Back?
Tahsin Saadi SedikMs.Jiae Yoo
出版International Monetary Fund, 2021-01-15
主題Technology & Engineering / AutomationHealth & Fitness / Diseases & Conditions / Contagious (incl. Pandemics)Business & Economics / Economics / Macroeconomics
ISBN15135668499781513566849
URLhttp://books.google.com.hk/books?id=8_chEAAAQBAJ&hl=&source=gbs_api
EBookSAMPLE
註釋COVID-19 has exacerbated concerns about the rise of the robots and other automation technologies. This paper analyzes empirically the impact of past major pandemics on robot adoption and inequality. First, we find that pandemic events accelerate robot adoption, especially when the health impact is severe and is associated with a significant economic downturn. Second, while robots may raise productivity, they could also increase inequality by displacing low-skilled workers. We find that following a pandemic, the increase in inequality over the medium term is larger for economies with higher robot density and where new robot adoption has increased more. Our results suggest that the concerns about the rise of the robots amid the COVID-19 pandemic seem justified.