Robotic labour: The automation channel of pandemic-induced uncertainty. 14/06/2020
2020
epidemic disease ; automation ; robots ; labour market ; job insecurity ; future of work
Technology
https://voxeu.org/article/automation-channel-pandemic-induced-uncertainty
English
Bibliogr.
"The COVID-19 pandemic has raised concerns about the future of work. The pandemic may become recurrent and necessitate repeated adoptions of social distancing measures, creating substantial uncertainty about worker productivity. This column presents a theoretical framework suggesting that such job uncertainty reduces aggregate demand, and dampens business investment in general. However, automation may provide one way for businesses to cope with the uncertainty about worker productivity. It appears that pandemic-induced job uncertainty could stimulate automation investment, despite declines in aggregate demand."
Digital
The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.