"[T]he impact of a particular technology on employment and wages depends both on whether technology substitutes or complements for labour and also on equilibrium impacts that manifest themselves through changes in labour supply and product demand"
"[T]o assess the likelihood that a particular task may be automated, economists have moved beyond a simple ‘skilled’ versus ‘unskilled’ or ‘manual’ versus ‘non-manual’ distinction to consider how ‘routine’ a task is (Autor et al., 2003). As laid out in detail in Frank Levy’s contribution to this issue (Levy, 2018), assessments of the routineness of a task, and thus its ability to be automated".
"[l]abour markets are characterized by imperfect information about the location of workers and of vacancies, and by asymmetric information on the ability of workers and the quality of their work. Here technology can change both the search and hiring process and also facilitate new monitoring and performance management schemes once an employment relationship is initiated"
