Faculty News
In an op-ed, Prof. Nouriel Roubini discusses the impact of technology on the labor market
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Excerpt from Project Syndicate -- "Recent technological advances have three biases: They tend to be capital-intensive (thus favoring those who already have financial resources); skill-intensive (thus favoring those who already have a high level of technical proficiency); and labor-saving (thus reducing the total number of unskilled and semi-skilled jobs in the economy). The risk is that robotics and automation will displace workers in blue-collar manufacturing jobs before the dust of the Third Industrial Revolution settles."
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Additional coverage appeared on Bloomberg, Bloomberg Businessweek, CNN, The Huffington Post and Livemint.
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Additional coverage appeared on Bloomberg, Bloomberg Businessweek, CNN, The Huffington Post and Livemint.