1 Three waves of technological unemployment
Technological progress has impacted the labor market in various ways during the last 250 years. In particular, we can single out three different historical and theoretical phases, three waves in the current evolution of and debate on the relation between technological progress and employment, with a progressive radical change of perspective in recent years likely caused by the possible (future) consequences of the Fourth Industrial Revolution. The main issue with the study of the third phase of the process is that the Fourth Industrial Revolution has only just started, and its consequences for (un)employment will be evident only in a couple of decades, so we have no empirical ...
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