When I think about the past, present and future of automation in America, I see a trail of magnificent achievement — yet one that is also blighted by fundamental missteps. The origins of automation in ...
Does increasing wage pressure encourage automation? Economic theory suggests that it does. Rising wages drive innovation in automation technology as firms seek cost-saving innovations to replace ...
Does increasing wage pressure encourage automation? Economic theory suggests that it does. Rising wages drive innovation in automation technology as firms seek cost-saving innovations to replace ...
Labor market policies shape firms' innovation dynamics. A new study shows for the first time that higher minimum wages for low-skill jobs drive firms to develop automation technologies. Rising wages ...