Baku. 13 April. REPORT.AZ/ The increase in one robot for every 1000 employees in the industrial economy cuts wages in the country by 0.25-0.5% and reduces economically active population by 0.18-0.34%. Report informs citing the Kommersant newspaper it is stated in “sobering” study from Daron Acemoglu of M.I.T. and Pascual Restrepo of Boston University, “Robots and Jobs: Evidence from US Labor Markets” published by the National Bureau of Economic Research.
They said that robotization prosess in US is behind the Eurozone. The research covers impact of automation on labor market during 1997-2016. According to International Federationof Robotics (IFR
According to Daron and Pascual Eurozone countries will be more affected from automation process.
Among OECD (Organisation for Economic Co-operation and Development) countries the situation in labor market in German and Austrian is more exposed to danger. However, the impact will be minimum on Korea.
According to OECD, job cuts by robotization prosess will reach 9% in next 20 years. Each new robot will lead to the replacement of the 6.2-workers.