The Impact of Automation
David and Russ discuss the ways in which automation complements and substitutes human labor, and how the elasticity of demand affects the impact of automation on different industries. They explore examples from agriculture and medicine, highlighting the importance of productivity and labor supply elasticity in determining wage gains.In this clip
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EconTalk
David Autor on the Future of Work and Polanyi's Paradox
Related Questions
Are robots replacing human workers in the episode David Autor on the Future of Work and Polanyi's Paradox and the clip The Changing Job Market?
Are robots replacing human workers as discussed in the episode David Autor on the Future of Work and Polanyi's Paradox and the clip The Impact of Automation?
Can machines replace humans as discussed in the episode Ed Leamer on Manufacturing, Effort, and Inequality and the clip Technological Innovation Impact?