What happens to people when machines replace them in the workplace?

Edin, Per-Anders, Evans, Tiernan, Graetz, Georg, Hernnäs, Sofia and Michaels, Guy ORCID: 0000-0002-8796-4536 (2023) What happens to people when machines replace them in the workplace? LSE Business Review (12 Oct 2023). Blog Entry.

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Abstract

New technologies are replacing workers in a growing range of occupations, causing loss of earnings and employment. However, these losses are smaller than those suffered by workers who experience mass layoffs. Per-Anders Edin, Tiernan Evans, Georg Graetz, Sofia Hernnäs and Guy Michaels write that, because the occupational decline they studied took years or even decades, its costs for individuals were likely mitigated through retirements, reduced entry into declining occupations and increased exits to other occupations.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/businessreview/
Additional Information:	© 2023 The Author(s)
Divisions:	Economics
Subjects:	H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited:	02 Nov 2023 10:39
Last Modified:	01 Apr 2024 07:55
URI:	http://eprints.lse.ac.uk/id/eprint/120595

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