David Autor and Robert Seamans quoted in the New York Times about the effects of automation on employment.
Tag: Economic Inequality
Across all major sectors of the economy, proprietary information technology is increasing the market dominance of large firms, which is evidence of a slowdown in the spread of technical knowledge throughout the economy. The result is rising industry concentration, slower productivity growth and growing wage inequality. The key challenge to IP and antitrust policy will be counter this trend yet maintain innovation incentives.
David Autor with David Dorn, and Gordon Hanson
David Autor with David Dorn, Lawrence F. Katz, Christina Patterson, and John Van Reenen