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Automation and the Future of Work

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  • Stuart Andreason

Abstract

There are numerous reports that highlight potential effects that new technology will have on the U.S. labor market, and many of them are not exactly what you would expect. For example, with the advent of the internet and ubiquity of spreadsheets in the 1980s, analyst employment soared. The new technology unlocked latent demand for more analysis that had been simply too expensive before the new communication and productivity technologies became common. The need for more analysis led to more analysts…even though there were new technologies that made the work more efficient or productive.

Suggested Citation

  • Stuart Andreason, 2019. "Automation and the Future of Work," Workforce Currents 2019-03, Federal Reserve Bank of Atlanta.
    • Handle: RePEc:fip:a00034:88177
    DOI: 10.29338/wc2019-03
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    Keywords

    Automation;

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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