Minimum wage increases lead to more investment in robotics and automation systems, according to a new study.
The report, People Versus Machines: The Impact of Minimum Wages on Automatable Jobs, analysed the US Census Bureau’s Current Population Survey data from 1980 to 2015.
The paper was published by the National Bureau of Economic Research, and authored by Grace Lordan and David Neumark. [Read more…] about Minimum wage increases lead to more robotics and automation, says new report