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MIT study: Firms use automation to control worker wages

MIT economists discovered that US companies frequently employ automation to suppress wages for employees who command a "wage premium." This practice suggests a strategic use of technology to manage labor costs, particularly for higher-earning staff. AI

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IMPACT This study highlights how automation can be used by companies to influence labor costs, potentially impacting wage negotiations and employment strategies.

RANK_REASON The cluster contains a study from MIT economists about corporate practices. [lever_c_demoted from research: ic=1 ai=0.4]

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COVERAGE [1]

  1. Mastodon — fosstodon.org TIER_1 · [email protected] ·

    Study: Firms often use automation to control certain workers’ wages Peter Dizikes | MIT News MIT economists found US companies tend to target employees earning

    Study: Firms often use automation to control certain workers’ wages Peter Dizikes | MIT News MIT economists found US companies tend to target employees earning a “wage premium,” which increas... #AI #artificial-intelligence #Automation #news #Technology #tools #work Origin | Inte…