Abstract:
We systematically review the empirical literature on the past four decades of technological change and its impact on employment, distinguishing between five broad technology categories (ICT, Robots, Innovation, TFP-style, Other). We find across studies that the labor displacing effect of technology appears to be more than offset by compensating mechanisms that create or reinstate labor. This holds for most technology-types, suggesting that anxieties over widespread technology-driven unemployment lack an empirical base. Nevertheless, blue-collar workers have been adversely affected by technological change, and effective up- and reskilling strategies should remain at the forefront of policy making along targeted support systems.
Citation:
Hötte, K., Somers, M. & Theodorakopoulos, A. (2023). 'Technology and jobs: A systematic literature review'. Technological Forecasting and Social Change, Volume 194, September 2023, 122750.