The Work of the Future

Building Better Jobs in an Age of Intelligent Machines

David H. Autor, David A. Mindell, Elisabeth Reynolds , Robert M. Solow

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English

MIT Press
07 November 2023

Economics

Why the United States lags behind other industrialized countries in sharing the benefits of innovation with workers and how we can remedy the problem.

The United States has too many low-quality, low-wage jobs. Every country has its share, but those in the United States are especially poorly paid and often without benefits. Meanwhile, overall productivity increases steadily and new technology has transformed large parts of the economy, enhancing the skills and paychecks of higher paid knowledge workers. What's wrong with this picture? Why have so many workers benefited so little from decades of growth? The Work of the Future shows that technology is neither the problem nor the solution. We can build better jobs if we create institutions that leverage technological innovation and also support workers though long cycles of technological transformation.

Building on findings from the multiyear MIT Task Force on the Work of the Future, the book argues that we must foster institutional innovations that complement technological change. Skills programs that emphasize work-based and hybrid learning (in person and online), for example, empower workers to become and remain productive in a continuously evolving workplace. Industries fueled by new technology that augments workers can supply good jobs, and federal investment in R&D can help make these industries worker-friendly. We must act to ensure that the labor market of the future offers benefits, opportunity, and a measure of economic security to all.

By: David H. Autor, David A. Mindell, Elisabeth Reynolds
Foreword by: Robert M. Solow
Imprint: MIT Press
Country of Publication: United States
Dimensions: Height: 229mm, Width: 152mm, Spine: 13mm
Weight: 232g
ISBN: 9780262547307
ISBN 10: 0262547309
Pages: 192
Publication Date: 07 November 2023
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active

Foreword by Robert M. Solow VII Part I 1 Introduction 3 2 Labor Markets and Growth 11 3 Technologies and Innovation 39 Part II 4 Education and Training: Pathways to Better Jobs 79 5 Job Quality 101 6 Institutions for Innovation 121 7 Conclusions and Policy Directions 135 Acknowledgments 143 Notes 145 MIT Task Force on the Work of the Future Research Briefs 163 MIT Task Force on the Work of the Future 165 Index 169

David Autor is Ford Professor in the MIT Department of Economics. David A. Mindell is Professor of Aeronautics and Astronautics and Dibner Professor of the History of Engineering and Manufacturing at MIT and founder and CEO of Humatics Corporation. Autor and Mindell were Cochairs of the MIT Task Force on the Work of the Future. Elisabeth Reynolds is Special Assistant to the President for Manufacturing and Economic Development at the National Economic Council and was Executive Director of the MIT Task Force on the Work of the Future.