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R. Maria del-Rio Chanona on Modeling Labor Markets & Tech Unemployment

COMPLEXITY

CHAPTER

The Automatability of Occupations

We had data on job transitions. We had data that tells us where people move. So we thought, okay, let's build a model. The prediction of demand, we got it with the automatability of occupations. There was this other force that would push it towards a new prediction of demand. But what happens is it's not that we get massive unemployment,. It's more like some jobs are destroyed and you are created.

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