As with previous technological revolutions, innovations in the online world have triggered transformations in the labor market and the economy. While the Internet is trumpeted as a great job creator, there are also downsides that need to be identified and dealt with. The book discusses the following topics:
- Is the Internet a net creator of jobs?
- How are job profiles changed by the digital economy?
- What are the impacts on income distribution? Is it a winner-takes-all tournament?
- What models can facilitate adjustment without slowing innovation?
This book features essays from major experts in the field coming from academia, international organizations, the private sector, and civil society. It blends theoretical and applied research presenting results from many countries, with particular emphasis on Europe, the USA, Canada and Asia.
Table of Contents
1. Introduction; Lorenzo Pupillo, Eli Noam, and Leonard Waverman
Part I- The Impact of Technological Change on Jobs
2. ICT Investments and Labor Demand in OECD Countries; Vincenzo Spiezia
3. A One Sector Model of Robotic Immiserization; Jeffrey D. Sachs, Seth G. Benzell, and Guillermo LaGarda
4. Routinization and the Labor Market: Evidence from European Countries; Federico Biagi, Paolo Naticchioni, Giuseppe Ragusa, and Claudia Vittori
5. Labor Markets in the Digital Economy: Modeling Employment from the Bottom-Up; Jonathan Liebenau
6. The Impact of the Broadband Internet on Employment; Raul L. Katz
7. The Impact of the Internet on Employment and Income in the US Media and Entertainment Business; David Viviano
Part II- Internet Economic Fundamentals and Their Impact on Economy and Distribution
8. Inequality and the Digital Economy; Eli Noam
9. Job Losses and the Middle Class: Canada and the USA, and the Possible Role of ICT; Leonard Waverman
10. Internet Innovations–Software Is Eating the World: Software-Defined Ecosystems and the Related Innovations Result in a Programmable Enterprise; Robert B. Cohen
Part III- Polices to Facilitate Structural and Social Adjustments without Slowing Innovation
11. ICT Innovation, Productivity, and Labor Market Adjustment Policy; Robert D. Atkinson
12. Ensuring the Education and Skills Needed for ICT Employment and Economic Growth; Richard N. Clarke
13. Smart Organizations, New Skills, and Smart Working to Manage Companies’ Digital Transformation; Andrea Iapichino, Amelia De Rosa, and Paola Liberace
14. Investigating the Potential for Micro-work and Online-freelancing in Sri Lanka; Helani Galpaya, Suthaharan Perampalam, and Laleema Senanayake
15. Do Municipal Broadband Networks Stimulate or Crowd out Private Investment? An Empirical Analysis of Employment Effects; Hal J. Singer