Artificial intelligence, the future of work, and inequality

One of the most spectacular facts of the last two centuries of economic history is the exponential growth in GDP per capita in most of the world. Figure 1 shows the rise (and the difference) in living standards for five countries ...

Foxconn factory jobs touted by Trump will not come to pass

Electronics giant Foxconn reversed course and announced Wednesday that the huge Wisconsin plant that was supposed to bring a bounty of blue-collar factory jobs back to the Midwest—and was lured with billions in tax incentives—will ...

To really help U.S. workers, we should invest in robots

America's manufacturing heyday is gone, and so are millions of jobs, lost to modernization. Despite what Treasury Secretary Steven Mnuchin might think, the National Bureau of Economic Research and Silicon Valley executives, ...

Big-box retail work has its benefits

With the rise of the big-box retailer in the past four decades, many are concerned that U.S. middle-class jobs in manufacturing have been replaced by minimum-wage jobs in retail.

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