Automation
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No Adult Left Behind: Automation, Job Loss, and Education Policy
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Artificial intelligence forces important education policy questions into the national landscape. Automation has only gotten cheaper and more prolific through the introduction of machine learning and artificial intelligence. Self-check-out and autonomous driving have taken center stage in the labor automation discussion but just around the corner is a wave of…
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The Older, the Better: Aging Nations in the Automation Era
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In 1938, Alvin Hansen—the “American Keynes”—introduced a phrase that would form the basis of worry for policymakers in developed nations the world over. In the face of plunging birth rates and ever-increasing life expectancies, OECD nations were soon to face a “secular stagnation,” with waves of retirees withdrawing from both…
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Do Industrial Robots Contribute to Unemployment and Lower Wages?
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Over the past few years, rapid advances in technology have posed greater threats to jobs, especially those vulnerable to automation. Recently, McKinsey published a report analyzing the technical feasibility of automation in several occupations and concluded that service, manufacturing, and construction industries are all at risk of automation. Yet, the…