39 min

When the Robots Take Your Job New Things Under the Sun

    • Ciências sociais

Note:Economists typically think that labor and capital are complementary - more of the one makes the other more productive. But there’s a flourishing literature that looks at the consequences of capital that replaces, rather than augments, human workers. In this post, I want to talk about a very simple equation that is inspired by the ideas in these papers, and which I think is a useful thinking tool.This podcast is an audio read through of the (initial version of the) article When the Robots...

Note:Economists typically think that labor and capital are complementary - more of the one makes the other more productive. But there’s a flourishing literature that looks at the consequences of capital that replaces, rather than augments, human workers. In this post, I want to talk about a very simple equation that is inspired by the ideas in these papers, and which I think is a useful thinking tool.This podcast is an audio read through of the (initial version of the) article When the Robots...

39 min