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Regional Spotlight: Technology vs. the Middle Class

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Abstract

Many midwage occupations have vanished over the last 50 years. Kali Aloisi explains why and suggests that these lessons may help us in the age of AI.

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  • Kali Aloisi, 2024. "Regional Spotlight: Technology vs. the Middle Class," Economic Insights, Federal Reserve Bank of Philadelphia, vol. 9(4), pages 19-25, December.
    • Handle: RePEc:fip:fedpei:99285
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    References listed on IDEAS

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    1. David Autor, 2024. "Applying AI to Rebuild Middle Class Jobs," NBER Working Papers 32140, National Bureau of Economic Research, Inc.
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    7. Acemoglu, Daron & Autor, David, 2011. "Skills, Tasks and Technologies: Implications for Employment and Earnings," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 12, pages 1043-1171, Elsevier.
    8. Daron Acemoglu & Pascual Restrepo, 2022. "Tasks, Automation, and the Rise in U.S. Wage Inequality," Econometrica, Econometric Society, vol. 90(5), pages 1973-2016, September.
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    10. David H. Autor, 2015. "Why Are There Still So Many Jobs? The History and Future of Workplace Automation," Journal of Economic Perspectives, American Economic Association, vol. 29(3), pages 3-30, Summer.
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