Employment effects of digitisation - a clarification
Author: Kurt Vogler-Ludwig
Publisher: Wirtschaftsdienst 12/2017
A forward looking analysis of the employment effects of digital technologies and a an answer to the one-sided and false description of the job risks of digitisation by Frey/Osborne and others.
The paper describes the digitisation effects on product and labour markets from three angles:
- From a theoretical viewpoint the paper explains the relationship between technological change and employment with the purpose to identify the determinants of technology assessment.
- From the analytical viewpoint, the peculiarities of digital markets are identified in order to see the differences to „analogue“ markets.
- From the prospective viewpoint, the expected effects of digital technologies on German product and labour markets are quantified, based on Economix‘s forecast “German Labour Market 2030” (Vogler-Ludwig et al. 2016).
This is done by both, revealing the effects of digital technologies on structural transition and calculating the balance of job losses and gains at the macro-level.