
As an Amazon Associate and affiliate partner, Menrva Books earns from qualifying purchases. Learn more
While the computer revolution has created hundreds of thousands of new jobs, it has threatened as many other jobs with obsolescence and has often caused the displacement of workers by computer-based machines. Here, Nobel Prize-winning economist Wassily Leontief and Faye Duchin use the input-output approach, a method that has been widely applied in examining structural economic change, to analyze the complex issues surrounding the impact of computer-driven automation on employment. Following a general discussion of the impact of automation on employment, they focus on four specific sectors within the economy--manufacturing, office work, education, and health care. The input-output approach makes it possible to draw conclusions regarding both overall employment and the prospects for individual occupations. Taking account of the increased need for workers in the production of computer-based equipment, the authors conclude that by the year 2000 automation will not cause dramatic unemployment if the economy is able to achieve a smooth transition from the old to new technologies.
This work investigates the long-term structural impact of computer-driven automation on labor markets and employment levels. Nobel Prize-winning economist Wassily Leontief and researcher Faye Duchin utilize the input-output economic model to quantify how technological shifts displace existing roles while simultaneously creating new demands for labor. By projecting economic trends, the authors argue that widespread unemployment is not an inevitable outcome of automation, provided that the economy successfully manages the transition between legacy and emerging technological systems.
What You Will Find
Experts recognize this text as a significant application of input-output analysis to the specific challenges of the late 20th-century computer revolution. Readers frequently note the technical rigor of the economic modeling while appreciating the authors' balanced approach to the potential for labor market disruption.
Page Count:
170
Publication Date:
1986-01-16
Publisher:
Oxford University Press
ISBN-10:
0195036239
ISBN-13:
9780195036237
No comments yet. Be the first to share your thoughts!