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Artificial Intelligence, Automation and Work

NBER WORKING PAPER SERIESARTIFICIAL INTELLIGENCE, Automation AND WORKD aron AcemogluPascual RestrepoWorking Paper 24196 BUREAU OF ECONOMIC RESEARCH1050 Massachusetts AvenueCambridge, MA 02138 January 2018 Prepared for Economics of Artificial Intelligence, edited by Ajay Agarwal, Avi Goldfarb and Joshua Gans. We are grateful to David Autor for useful comments. We gratefully acknowledge financial support from Toulouse Network on Information Technology, Google, Microsoft, IBM and the Sloan Foundation. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic working papers are circulated for discussion and comment purposes.

and excessive automation, and other constraints on labor market adjustment to automa-tion technologies. Section 6 concludes, and the Appendix contains derivations and proofs omitted from the text. 2 Automation, Work, and Wages: An Overview At the heart of our framework is the observation that robotics and current practice in AI

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