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Whither the evolution of the contemporary social fabric? New technologies and old socio‐economic trends

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  • Giovanni DOSI
  • Maria Enrica VIRGILLITO

Abstract

This article considers whether societies are witnessing another industrial revolution in the light of an assessment of the impact of technological change on today's socio‐economic fabric, especially with respect to employment, income distribution, working conditions and labour relations. The authors argue that the processes of innovation and the spread of what they term “intelligent automation” are likely to exacerbate incumbent patterns of uneven income distribution and power, some of which existed well before the arrival of the technologies concerned, while others have emerged over the past 30 to 40 years. They venture to consider policy implications on the basis of such developments.

Suggested Citation

  • Giovanni DOSI & Maria Enrica VIRGILLITO, 2019. "Whither the evolution of the contemporary social fabric? New technologies and old socio‐economic trends," International Labour Review, International Labour Organization, vol. 158(4), pages 593-625, December.
  • Handle: RePEc:bla:intlab:v:158:y:2019:i:4:p:593-625
    DOI: 10.1111/ilr.12145
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    Cited by:

    1. Montobbio, Fabio & Staccioli, Jacopo & Virgillito, Maria Enrica & Vivarelli, Marco, 2022. "Robots and the origin of their labour-saving impact," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    2. Guendalina Anzolin, 2021. "Automation and its Employment Effects: A Literature Review of Automotive and Garment Sectors," JRC Working Papers on Labour, Education and Technology 2021-16, Joint Research Centre (Seville site).
    3. Armanda Cetrulo & Dario Guarascio & Maria Enrica Virgillito, 2020. "Anatomy of the Italian occupational structure: concentrated power and distributed knowledge [How Europe’s economies learn: a comparison of work organization and innovation mode for the EU-15]," Industrial and Corporate Change, Oxford University Press, vol. 29(6), pages 1345-1379.
    4. Armanda Cetrulo & Alessandro Nuvolari, 2019. "Industry 4.0: revolution or hype? Reassessing recent technological trends and their impact on labour," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 46(3), pages 391-402, September.
    5. Marco Guerrazzi, 2020. "Wage and employment determination in a dynamic insider–outsider model," Evolutionary and Institutional Economics Review, Springer, vol. 17(1), pages 1-23, January.
    6. Caselli, Mauro & Fracasso, Andrea & Marcolin, Arianna & Scicchitano, Sergio, 2021. "The reassuring effect of firms' technological innovations on workers' job insecurity," GLO Discussion Paper Series 938, Global Labor Organization (GLO).
    7. Dosi, Giovanni & Riccio, Federico & Virgillito, Maria Enrica, 2021. "Varieties of deindustrialization and patterns of diversification: why microchips are not potato chips," Structural Change and Economic Dynamics, Elsevier, vol. 57(C), pages 182-202.
    8. Filippo Bertani & Marco Raberto & Andrea Teglio, 2020. "The productivity and unemployment effects of the digital transformation: an empirical and modelling assessment," Review of Evolutionary Political Economy, Springer, vol. 1(3), pages 329-355, November.
    9. Fabio Montobbio & Jacopo Staccioli & Maria Enrica Virgillito & Marco Vivarelli, 2021. "Labour-saving automation and occupational exposure: a text-similarity measure," DISCE - Quaderni del Dipartimento di Politica Economica dipe0021, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    10. Dosi, G. & Pereira, M.C. & Roventini, A. & Virgillito, M.E., 2022. "Technological paradigms, labour creation and destruction in a multi-sector agent-based model," Research Policy, Elsevier, vol. 51(10).
    11. G. Dosi & L. Fanti & M. E. Virgillito, 2020. "Unequal societies in usual times, unjust societies in pandemic ones," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 47(3), pages 371-389, September.
    12. Jacopo Staccioli & Maria Enrica Virgillito, 2020. "The present, past, and future of labor-saving technologies," LEM Papers Series 2020/37, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    13. Lundvall, Bengt-Åke & Rikap, Cecilia, 2022. "China's catching-up in artificial intelligence seen as a co-evolution of corporate and national innovation systems," Research Policy, Elsevier, vol. 51(1).
    14. Lucrezia Fanti & Dario Guarascio & Massimo Moggi, 2022. "From Heron of Alexandria to Amazon’s Alexa: a stylized history of AI and its impact on business models, organization and work," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 49(3), pages 409-440, September.
    15. Valeria Cirillo & Matteo Rinaldini & Maria Enrica Virgillito & Maria Luisa Divella & Caterina Manicardi & Francesco Sabato Massimo & Armanda Cetrulo & Eleonora Costantini & Angelo Moro & Jacopo Stacci, 2022. "Case studies of automation in services," SciencePo Working papers Main hal-03899186, HAL.
    16. Lucrezia Fanti & Dario Guarascio & Massimo Moggi, 2020. "The development of AI and its impact on business models, organization and work," LEM Papers Series 2020/25, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    17. Sossdorf, Fernando, 2022. "Winners take all (the most): The effects of market concentration on labor share and wage inequality," MPRA Paper 113642, University Library of Munich, Germany.
    18. Giovanni Dosi, 2022. "The Agenda for Evolutionary Economics: Results, Dead Ends, and Challenges Ahead," LEM Papers Series 2022/24, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    19. Marianna Epicoco, 2021. "Technological Revolutions and Economic Development: Endogenous and Exogenous Fluctuations," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(3), pages 1437-1461, September.
    20. Federico Riccio & Lorenzo Cresti & Maria Enrica Virgillito, 2022. "The labour share along global value chains. Perspectives and evidence from sectoral interdependence," LEM Papers Series 2022/11, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    21. Angelo Moro & Matteo Rinaldini & Jacopo Staccioli & Maria Enrica Virgillito, 2019. "Control in the era of surveillance capitalism: an empirical investigation of Italian Industry 4.0 factories," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 46(3), pages 347-360, September.
    22. Giovanni Dosi & Marcelo C. Pereira & Andrea Roventini & Maria Enrica Virgillito, 2022. "A complexity view on the future of work. Meta-modelling exploration of the multi-sector K+S agent based model," LEM Papers Series 2022/22, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    23. Valeria Cirillo & Matteo Rinaldini & Maria Enrica Virgillito & Maria Luisa Divella & Caterina Manicardi & Francesco Sabato Massimo & Armanda Cetrulo & Eleonora Costantini & Angelo Moro & Jacopo Stacci, 2022. "Case studies of automation in services," Working Papers hal-03899186, HAL.

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    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • F6 - International Economics - - Economic Impacts of Globalization

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