Should We Fear the Robot Revolution? (The Correct Answer is Yes)

Should We Fear the Robot Revolution? (The Correct Answer is Yes)
We may be on the cusp of a “second industrial revolution” based on advances in artificial intelligence and robotics. We analyze the implications for inequality and output, using a model with two assumptions: “robot” capital is distinct from traditional capital in its degree of substitutability with human labor; and only capitalists and skilled... READ MORE...

Publication date: May 2018
ISBN 9781484300831
$18.00

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