Preprint

Back to the Future - Changing Job Profiles in the Digital Age

The uniqueness of human labour is at question in times of smart technologies. The 250 years-old discussion on technological unemployment reawakens. Frey and Osborne (2013) estimate that half of US employment will be automated by algorithms within the next 20 years. Other follow-up studies conclude that only a small fraction of workers will be replaced by digital technologies. The main contribution of our work is to show that the diversity of previous findings regarding the degree of job automation is, to a large extent, driven by model selection and not by controlling for personal characteristics or tasks. For our case study, we consult Austrian experts in machine learning and industry professionals on the susceptibility to digital technologies in the Austrian labour market. Our results indicate that, while clerical computer-based routine jobs are likely to change in the next decade, professional activities, such as the processing of complex information, are less prone to digital change.

Sprache
Englisch

Klassifikation
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Human Capital; Skills; Occupational Choice; Labor Productivity
Wage Level and Structure; Wage Differentials
Job, Occupational, and Intergenerational Mobility; Promotion
Technological Change: Choices and Consequences; Diffusion Processes
Thema
Classification
Employment
GLM
Technological Change

Ereignis
Geistige Schöpfung
(wer)
Stephany, Fabian
Lorenz, Hanno
Ereignis
Veröffentlichung
(wer)
ZBW – Leibniz Information Centre for Economics
(wo)
Kiel, Hamburg
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Preprint

Beteiligte

  • Stephany, Fabian
  • Lorenz, Hanno
  • ZBW – Leibniz Information Centre for Economics

Entstanden

  • 2019

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