In this episode of the Beverage Report Podcast, we interview Professor David Autor, Ford Professor of Economics at the Massachusetts Institute of Technology and co-director of both the MIT Work of the Future Task Force and the National Bureau of Economic Research’s Labor Studies Program.
What happens when automation and AI reshape the labour market? Can the rise of China as an economic powerhouse be both a boon and a bane for global trade? How do these seismic shifts influence political landscapes and societal structures?
Prof. David Autor takes us on a journey through his academic and professional life, revealing how his early interests in psychology and computer science evolved into a profound engagement with labour economics. He discusses the historical and future impacts of automation on jobs, emphasising the importance of focussing on the composition of jobs rather than their quantity. Prof. David Autor also explores the implications of AI, suggesting that while it poses challenges, it also offers opportunities to enhance decision-making roles across various sectors. Shifting gears, he examines the “China Shock” and its profound effects on U.S. industries and workers, highlighting the need for proactive policies to mitigate adverse impacts. Finally, Prof. David Autor addresses the persistent gender pay gap and the evolving political dynamics influenced by economic disruptions, offering insights into how we can navigate these complex issues.
Tune into this episode to learn more about Professor David Autor’s research and his personal journey as an Economist!