Recent data suggests that the majority of the increase in the wage gap since 1980 can be attributed to automation replacing less-educated workers. When using self-checkout machines in supermarkets and drugstores, it is unlikely that you are bagging your purchases as efficiently as checkout clerks
Since 1980 in the U.S., inflation-adjusted incomes of those with college and postgraduate degrees have risen substantially, while inflation-adjusted earnings of men without high school degrees has dropped by 15 percent.
At the same time, the scholars used U.S. Census Bureau metrics, including its American Community Survey data, to track worker outcomes during this time for roughly 500 demographic subgroups, broken out by gender, education, age, race and ethnicity, and immigration status, while looking at employment, inflation-adjusted hourly wages, and more, from 1980 to 2016.
Consider again those self-checkout kiosks. Acemoglu calls these types of tools “so-so technology,” or “so-so automation,” because of the tradeoffs they contain: Such innovations are good for the corporate bottom line, bad for service-industry employees, and not hugely important in terms of overall productivity gains, the real marker of an innovation that may improve our overall quality of life.
“These are controversial findings in the sense that they imply a much bigger effect for automation than anyone else has thought, and they also imply less explanatory power for other [factors],” Acemoglu says.
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