Tag Archives: technology

Who feels the pain of science research budget cuts?

By Bruce A. Weinberg (Ohio State University and IZA) Science funding is intended to support the production of new knowledge and ideas that develop new technologies, improve medical treatments and strengthen the economy. The idea goes back to influential engineer … Continue reading

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Will robots take over? How automation changes the world of work

Technological change has advanced digitalization and automation in a number of industries, raising fears that human workers will eventually become redundant. Recent studies predict that almost half of existing jobs are at risk of becoming extinct due to this process. … Continue reading

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Outsourcing of cognitive tasks to blame for polarized labor market, not technology

In recent decades labor markets in many developed countries have become increasingly polarized: middle-wage occupations have been declining, while employment in both high- and low-wage occupations has increased. Many studies point to increasing automation and offshoring of routine middling jobs … Continue reading

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Technological unemployment is not inevitable: How innovation creates new jobs

The relationship between technology and employment has long been a subject of debate. Technological change has contributed to the decline in manufacturing and to persistent unemployment in many advanced economies. This development is not inevitable, claims Marco Vivarelli from the … Continue reading

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Broadband internet makes low-skilled workers more dispensable

Does adoption of broadband internet in firms enhance labor productivity and increase wages? And is this technological change more beneficial for for high-skilled workers? A new IZA discussion paper by Anders Akerman, Ingvil Gaarder and Magne Mogstad answers these questions … Continue reading

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