Automation, the future of work and income inequality in the Asia–Pacific region

The Economics of Artificial Intelligence, edited by AjayAgrawal, JoshuaGans and AviGoldfarb (University of Chicago Press for the National Bureau of Economic Research (NBER), 2021), 630 pp.

“…Chapter 1 points out that the unweighted average annual labour productivity growth rate across 29 countries for which the OECD has compiled productivity growth data was 2.3 per cent from 1995 to 2004, but only 1.1 per cent from 2005 to 2015. Similar productivity growth slowdown has also occurred in developing economies (Zhou & Tyers, 2019; Zhou, 2020).…”