F2F Class Notes (Mike)

Vocabulary

trend – trendy – in trend 流行的，时髦的

threat 威胁
threatening 有威胁的

cashier (n) 出纳员，收银员

optimistic 乐观的

pessimistic 悲观的

dull (adj.) 乏味的，枯燥的

repetitive (adj.) 重复的，反复的

they can do 24 hours
they can function 24/7

In many parts of the U.S., robots have been replacing workers over the last few decades. But to what extent, really? Some technologists have forecast that automation will lead to a future without work, while other observers have been more skeptical about such scenarios.

Now a study co-authored by an MIT professor puts firm numbers on the trend, finding a very real impact — although one that falls well short of a robot takeover. The study also finds that in the U.S., the impact of robots varies widely by industry and region, and may play a notable role in exacerbating income inequality.

“We find fairly major negative employment effects,” MIT economist Daron Acemoglu says, although he notes that the impact of the trend can be overstated.

From 1990 to 2007, the study shows, adding one additional robot per 1,000 workers reduced the national employment-to-population ratio by about 0.2 percent, with some areas of the U.S. affected far more than others.

This means each additional robot added in manufacturing replaced about 3.3 workers nationally, on average.

That increased use of robots in the workplace also lowered wages by roughly 0.4 percent during the same time period.

“We find negative wage effects, that workers are losing in terms of real wages in more affected areas, because robots are pretty good at competing against them,” Acemoglu says.