Welfare systems in Europe play a crucial role in mitigating the negative effects that robot adoption has on wages and employment, a new UNTANGLED study finds.
The rapid expansion of automation has raised concerns for workers’ welfare, as robots are often implemented to improve efficiency and hence may replace humans.
In the United States, the displacement of jobs due to automation has substantially reduced wages and employment, especially for those at the lower end of the wage scale. [Read more…] about Europe’s welfare systems ‘cushion’ negative impact of automation on employment
