The present technological revolution, characterized by the pervasive and
growing presence of robots, automation, Artificial Intelligence and
machine learning, is going to transform societies and economic systems.
However, this is not the first technological revolution humankind has
been facing, but it is probably the very first one with such an
accelerated diffusion pace involving all the industrial sectors.
Studying its mechanisms and consequences (will the world turn into a
jobless society or not?), mainly considering the labor market dynamics,
is a crucial matter. This paper aims at providing an updated picture of
main empirical evidence on the relationship between new technologies and
employment both in terms of overall consequences on the number of
employees, tasks required, and wage/inequality effect.
JEL Classification: O33
Keywords: technology, innovation, employment, skill, task, routine