Abstract
Advancement in AI, robotics, machine learning, and automation has started to replace many structured, routine, and repetitive jobs. McKinsey Global Institute’s report (2017) estimates that by 2030, automation may displace between 400 million and800 million individuals and these individuals will need to switch job categories and learn new skills. MIT’s Daron Acemoglu and Boston University’s Pascual Restrepo (2017) find that each additional robot in the US economy reduces employment by5.6 workers, and every robot that is added to the workforce per 1,000 human workers causes wages to drop by 0.25 to 0.5percent. In the past, technology advancement has consistently generated more new jobs than it destroys. Will it be the same this time? The three panelists will present their views on the topic from different perspectives.
| Original language | English |
|---|---|
| Title of host publication | MWAIS 2018 Proceedings |
| Publisher | Association for Information Systems |
| Publication status | Published - May 2018 |
| Externally published | Yes |
| Event | The 13th Annual Conference of the Midwest Association for Information Systems (MWAIS 2018) - University of Missouri – St. Louis, St. Louis, Missouri, United States Duration: 17 May 2018 → 18 May 2018 https://mwais2018.org/ |
Conference
| Conference | The 13th Annual Conference of the Midwest Association for Information Systems (MWAIS 2018) |
|---|---|
| Place | United States |
| City | St. Louis, Missouri |
| Period | 17/05/18 → 18/05/18 |
| Internet address |
Research Keywords
- Artificial Intelligence
- Future of Work
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