"Power & Progress": Professor Daron Acemoglu
ROCKING OUR PRIORS
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The Importance of Human Capital in the German Labor Market
Germany is far ahead of the United States in terms of robot adoption. But at the same time as they are adopting robots, they're also creating new technical tasks for workers. German manufacturing companies that have work councils adopt more robots than those that don't. The difference is not whether firms adopt automation, but how they adopt in response.
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