Robots help some firms, even while workers across industries struggle

(Massachusetts Institute of Technology) A new study co-authored by an MIT professor reveals an important pattern: Firms 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, by MIT economist Daron Acemoglu, examines the introduction of robots to French manufacturing in recent decades, illuminating the business dynamics and labor implications in granular detail.
Source: EurekAlert! - Social and Behavioral Science - Category: International Medicine & Public Health Source Type: news