Each robot per thousand workers measurably cuts employment and wages
Evidence
Acemoglu and Restrepo (“Machine and Man”) calculate that adding one robot to every one thousand workers “reduces the employment to population ratio by about 0.18–0.34 percentage points and wages by 0.25–0.5 percent.” — Nick Couldry & Ulises A. Mejias, The Costs of Connection, 859
Categorization
- QUESTION: Worth chasing: do these robot effects compound the devaluing of labor that data extraction produces, or are they a distinct causal channel?
- XREF: connects to: Digital automation threatens up to 47 percent of US jobs — Nick Couldry & Ulises A. Mejias, The Costs of Connection: How Data Is…, 240; AI adoption is reducing the need for entry-level workers. — Joanna Stern, I Am Not a Robot- My Year Using AI to…, 858; Automation now allows zero-work full-income societies, yet capitalism preserves work scarcity and unemployment — Mark Fisher (edited by Darren Ambrose), K-Punk: The Collected and Unpublished…, 1628 (+1 more)
Broader Connections
- Digital automation threatens up to 47 percent of US jobs
#corroborates(0.85) — Nick Couldry & Ulises A. Mejias, The Costs of Connection, 240 - AI adoption is reducing the need for entry-level workers.
#corroborates(0.80) — Joanna Stern, I Am Not a Robot- My Year Using AI to…, 858