In many parts of the U.S., robots have been replacing workers over the last few decades. But to what extent, really? Some technologists have forecast that automation will lead to a future without work, while other observers have been more skeptical about such scenarios.
Now a study co-authored by an MIT professor puts firm numbers on the trend, finding a very real impact — although one that falls well short of a robot takeover. The study also finds that in the U.S., the impact of robots varies widely by industry and region, and may play a notable role in exacerbating income inequality.
“We find fairly major negative employment effects,” MIT economist Daron Acemoglu says, although he notes that the impact of the trend can be