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  • 标题:The phantom of technological unemployment
  • 本地全文:下载
  • 作者:Rostislav Kapeliushnikov
  • 期刊名称:Russian Journal of Economics
  • 印刷版ISSN:2618-7213
  • 电子版ISSN:2405-4739
  • 出版年度:2019
  • 卷号:5
  • 期号:1
  • 页码:88-116
  • DOI:10.32609/j.ruje.5.35507
  • 出版社:Voprosy Ekonomiki
  • 摘要:Nowadays there are many gloomy prophecies provided by both technologists and economists about the detrimental effects of the so-called Fourth Industrial Revolution on aggregate employment and its composition. These prophecies imply that in the near future we will face Robocalypse — a massive replacement of people by machines alongside an explosion in joblessness. This paper provides theoretical, empirical and historical evidence that the phenomenon of technological unemployment is a phantom. The most general results can be summarized as follows: in the long run, reduction in labor demand under the impact of new technologies is merely a theoretical possibility that has never before been realized in practice; at the level of individual firms, there is a strong positive relationship between innovations and employment growth; at the sectoral level, technological changes cause a multidirectional employment response, since different industries are at different stages of the life cycle; at the macro level, technological progress acts as a positive or neutral, but not a negative factor; a surge in technological unemployment, even in the short-term, seems a remote prospect since in coming decades the pace of technological change is unlikely to be fast enough by historical standards; the impact of new technologies on labor supply may be a more serious problem than their impact on labor demand; technological changes seem to have a much greater effect on the composition of employment than on its level.
  • 关键词:technological change;labor demand;compensation theory;technological unemployment;computerization;robotics
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