Thursday, March 30, 2017 12:12:19 AM
Autor! Autor!
March 6, 2011 10:55 am March 6, 2011 10:55 am
A further note on brains and jobs .. http://krugman.blogs.nytimes.com/2011/03/05/falling-demand-for-brains/ : the story I told in my whimsical magazine piece .. http://query.nytimes.com/gst/fullpage.html?res=9F06E4D9173CF93AA1575AC0A960958260&pagewanted=all .. bears a clear family resemblance to the influential analysis of Autor, Levy, and Murnane .. http://econ-www.mit.edu/files/569 .. a few years later, which argued that the crucial difference in terms of possible replacement of humans by machines was one of routine versus non-routine, rather than white-collar versus blue-collar, and that computerization was if anything likely to increase demand for some “low-skill” occupations and reduce demand for some traditionally well-paying white-collar jobs:
I’d not, by the way, that it increasingly looks as if “medical diagnosis” should be moved from the right column to the left.
And you can actually see this happening in the data. From the recent Autor-Acemoglu paper .. http://www.nber.org/papers/w16082 :
In the 80s, the higher the skill required for an occupation, the bigger the employment gains. In the 90s, there was “hollowing out”, with the middle-skill occupations losing relative to both ends. And most recently, the hollowing seems to have spread further up the scale.
This is real, and it calls some of our favorite platitudes into question.
https://krugman.blogs.nytimes.com/2011/03/06/autor-autor/
March 6, 2011 10:55 am March 6, 2011 10:55 am
A further note on brains and jobs .. http://krugman.blogs.nytimes.com/2011/03/05/falling-demand-for-brains/ : the story I told in my whimsical magazine piece .. http://query.nytimes.com/gst/fullpage.html?res=9F06E4D9173CF93AA1575AC0A960958260&pagewanted=all .. bears a clear family resemblance to the influential analysis of Autor, Levy, and Murnane .. http://econ-www.mit.edu/files/569 .. a few years later, which argued that the crucial difference in terms of possible replacement of humans by machines was one of routine versus non-routine, rather than white-collar versus blue-collar, and that computerization was if anything likely to increase demand for some “low-skill” occupations and reduce demand for some traditionally well-paying white-collar jobs:
I’d not, by the way, that it increasingly looks as if “medical diagnosis” should be moved from the right column to the left.
And you can actually see this happening in the data. From the recent Autor-Acemoglu paper .. http://www.nber.org/papers/w16082 :
In the 80s, the higher the skill required for an occupation, the bigger the employment gains. In the 90s, there was “hollowing out”, with the middle-skill occupations losing relative to both ends. And most recently, the hollowing seems to have spread further up the scale.
This is real, and it calls some of our favorite platitudes into question.
https://krugman.blogs.nytimes.com/2011/03/06/autor-autor/
It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”
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