Recent advances in artificial intelligence could affect manufacturing and the labour markets in a number of ways. This column explores two of them. First, it finds no confirmation that machines have decreased the cost of labour and brought manufacturing back to rich countries. Second, it argues that machines could replace highly skilled workers rather than increase the demand for their labour. Technology and skills are thus substitutes not complements.
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Arezki, Boucekkine, Frankel, Laksaci, van der Ploeg, 24 April 2018
Events
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30 May - 1 June 2018 / Palma de Mallorca (Mallorca) - Spain / EAYE (European Association of Young Economists) - University of the Balearic Islands
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18 - 19 June 2018 / European Central Bank, Frankfurt am Main, Germany / European Central Bank
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12 - 13 September 2018 / Rome, Italy / European Center of Sustainable Development , CIT University
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14 - 15 June 2018 / Ancona, Italy / Money and Finance Research Group (MoFiR), together with the Joint Research Centre of the European Commission and the Università Politecnica delle Marche
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16 - 17 May 2018 / London / The Economic Statistics Centre of Excellence, the Office for National Statistics and the Bank of England
