Could AI Level the Playing Field of Earnings Inequality?

Our work has been mentioned in the blog of the International Federation of Robotics. For decades, technology has reshaped job markets throughout the world, often strengthening the relative position of the highly educated and skilled and those performing non-routine tasks. For example, in the US in the 1980s and 1990s, new technologies automated routine tasks such as data entry or working along an assembly line that were typically done by less-educated workers. This caused the low-skilled wages to grow more sluggishly than high-skilled wages. At the same time, the new technologies complemented tasks of high-skill workers such as engineers who maintained robots or the managers of highly automated production firms. Thus, the wages of this group increased strongly during the same period. Consequently, earnings inequality in the U.S. grew rapidly in the 1980s and 1990s.

The rest of the blog in available here: https://ifr.org/post/could-ai-level-the-playing-field-of-earnings-inequality

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