Cited by 16Labor market dynamics and wage inequalityEmployment and Welfare StudiesDigital Economy and Work Transformation

The DOI matches its Crossref record.

Paradox of Abundance

Autor, David H.·2015·Performance and Progress

Abstract

Despite sustained increases in material standards of living, fear of the adverse employment consequences of technological advancement has recurred repeatedly. This represents a paradox of abundance: technological change threatens social welfare not because it intensifies scarcity but because it augments abundance. For most citizens of market economies, the primary income-generating asset they possess is their scarce labor. If rapid technological advances were to effectively substitute cheap and abundant capital for (previously) expensive and willful labor, society would be made wealthier, not poorer, in aggregate, but those who own labor but do not own capital might find it increasingly challenging to make a living. This chapter considers why automation anxiety has suddenly become salient in popular and academic discourse. It offers informed conjectures on the potential implications of these developments for employment and earnings.

Overview

Integrity signals

Registry

Crossref · 10.1093/acprof:oso/9780198744283.003.0017

Cites

Statistics

Recomputing p-values needs the paper’s full text.

Verification

Claims the paper makes

This paper’s full text isn’t openly available, so its claims and self-check weren’t run. The registry and citation checks still apply.

Claims other papers make about this one

Each is checked against this paper’s own text: does it say what the citing paper says it does?

Citations

Cited by

Sorted by citations

See all 16

Metadata

Authors
Autor, D. H.
Corresponding author
Autor, David H.
Venue
Performance and Progress
Published
2015-08-01
Pages
237-260
OpenAlex
W2482405666
Cited by
16
References
0
Citations by year
2025: 4 · 2024: 1 · 2023: 1 · 2022: 2 · 2021: 1 · 2020: 1 · 2019: 2 · 2018: 2 · 2017: 1 · 2016: 1
FWCI
8.12
Type
book chapter
Language
en
Open access
closed
Locations
Oxford University Press eBooks (publishedVersion)
Topics
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Labor market dynamics and wage inequality
  • Health Sciences › Medicine › Public Health, Environmental and Occupational Health › Employment and Welfare Studies
  • Social Sciences › Sociology and Political Science › Digital Economy and Work Transformation
Keywords
technological change, automation, employment, earnings, labor market, capital-labor substitution, social welfare (welfare economics)

About these checks

Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

Are you an author, or do you see a problem with this page? Request a review