Implications of artificial intelligence and robots for employment and labor productivity: firm-level evidence from the Republic of Korea

Deskripsi

It finds that AI has a more positive overall impact on labor market outcomes. While both adopting AI and adopting robots increase employment, only adopting AI improves labor productivity. However, those productivity gains are associated with a decrease in the labor share of income. In addition, there is no evidence that firms adopting both robots and AI improve their labor productivity, potentially reflecting a lack of synergy.