Abstract
We systematically review the empirical literature on the past four decades
of technological change and its impact on employment, distinguishing be-
tween five broad technology categories (ICT, Robots, Innovation, TFP-style,
Other). We find across studies that the labor displacing effect of technology
appears to be more than offset by compensating mechanisms that create or
reinstate labor. This holds for most technology-types, suggesting that anx-
ieties over widespread technology-driven unemployment lack an empirical
base. Nevertheless, blue-collar workers have been adversely affected by tech-
nological change, and effective up- and reskilling strategies should remain at
the forefront of policy making along targeted support systems.
of technological change and its impact on employment, distinguishing be-
tween five broad technology categories (ICT, Robots, Innovation, TFP-style,
Other). We find across studies that the labor displacing effect of technology
appears to be more than offset by compensating mechanisms that create or
reinstate labor. This holds for most technology-types, suggesting that anx-
ieties over widespread technology-driven unemployment lack an empirical
base. Nevertheless, blue-collar workers have been adversely affected by tech-
nological change, and effective up- and reskilling strategies should remain at
the forefront of policy making along targeted support systems.
| Original language | English |
|---|---|
| Article number | 122750 |
| Number of pages | 23 |
| Journal | Technological Forecasting and Social Change |
| Volume | 194 |
| Early online date | 26 Jul 2023 |
| DOIs | |
| Publication status | Published - Sept 2023 |
Bibliographical note
Copyright © 2023 The Author(s). Published by Elsevier Inc. This is an open access article under the CC BY license (https://creativecommons.org/licenses/by/4.0/).Funding: The authors acknowledge support from the European Union Horizon 2020 Research and Innovation programme under grant agreement No. 822330 TECHNEQUALITY.
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 8 Decent Work and Economic Growth
Keywords
- Technological Change
- Labor
- Employment
- ICT
- Robots
- Innovation
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