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The paper sparked a wave of concern about what impact the latest wave of automated technologies would have on the labor market. The study moves beyond task-based comparisons to assess the feasibility of AI systems performing these jobs and the economic viability of businesses adopting such technologies.
Higher carbon taxes would have a direct effect on encouraging households and firms to consume less fossil fuels and would accelerate directed research in green technologies such as electric vehicles, solar panels, and other forms of renewable power. To reduce flood damage to real estate, we will need architectural innovations.
He also mentioned a plan for some sort of a stimulus to technologicalinnovation, starting these manufacturing centers [like the one in Youngstown, Ohio]. But a jobs strategy has to be based on aggregatedemand throughout the economy. That will make a contribution marginally, in my view.
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