LSE: Public lectures and events Automation, management, and the future of work
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Dec 12, 2024 
Join Erik Hurst, an expert in economics at the University of Chicago, Chrisanthi Avgerou, a professor of information systems at LSE, and Noam Yuchtman from Oxford, as they delve into the evolving landscape of work in the age of automation. They explore the historical parallels with past technological shifts, the potential for job losses versus market adaptation, and the crucial role of upskilling in a gig economy. The discussion highlights how AI could influence everything from creative industries to economic inequality, prompting a critical look at labor dynamics and future workforce strategies.
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Declining Male Employment
- U.S. male employment rates have been declining since their peak in the 1980s/90s.
- This decline is particularly pronounced among men with less than a bachelor's degree, with a significant portion reporting zero weeks worked annually.
Manufacturing Decline
- Manufacturing jobs decline in U.S., UK, and Germany.
- Two reasons: trade competition and automation.
Automation in Manufacturing
- The labor share of income in the U.S. manufacturing sector has decreased.
- This suggests a shift towards machines over workers in production.