David Autor Quotes


I work a lot on skill demands and changes in labor markets having to do with technology and with trade as well.


Citations

Autor, David. "I am David Autor, a professor of economics and associate head of the MIT Department of Economics. Ask me anything!" Reddit, 2017.

Related Quotes

Computers, robots have replaced many more American workers than those who lost their jobs by having them replaced by foreign labor. Ironically, even in counties like China, South Korea, and a number of others, have "liost" millions of jobs to automation thenselves.


Technology has always displaced and replaced workers, but most industrial technological breakthroughs, in the long run, have created new jobs and better paid ones. What worried Gompers did not appear to materialize in his lifetime, but actually became and issue on the later years of the 20th century and the early 21st century where the computer the robot, and the sophisticated software began to replace workers at a faster rate than new opportunities were created. Gompers was one of the harbingers of things to come.


His 50 year prediction was a little too optimistic although a large percentage of the routine, and some non-routine, jobs had become automated especially in the automobile and other manufacturing arenas, and many other fields. But there were still some other jobs that were still being done without machines in 2014. Asimov was essentially right but a little early in his timing.


One problem critics have with his argument is that while there is always work to be done, there are not always entities willing to pay for the additional work. Gains in productivity will justify investment in more rapid deployment of technology; thus entities in society are will to invest the funds. But if there is no visible economic return from the additional work, corporations and taxpayers may be unwilling to fund it leading to massive unemployment and instability.


David Autor
David Autor
  • Born:
  • Nationality: American
  • Profession: Economist

David H. Autor (born c. 1967) is an American economist and professor of economics at the Massachusetts Institute of Technology (MIT), where he also acts as co-director of the School Effectiveness and Inequality Initiative. Although Autor has contributed to a variety of fields in economics his research generally focuses on topics from labor economics.