Polygon Created with Sketch. Home |

Technological unemployment as frictional unemployment: From luddite to routine-biased technological change

The purpose of this paper is to present some scenarios about a possible future evolution of the labour market in the knowledge economy. The author used the literature to describe the historical evolution of the technology unemployment. Digital technology does not directly generate unemployment, as the balance between jobs destroyed and created has historically always been positive. Indeed, technological unemployment in such a context can manifest itself in the form of frictional unemployment. The study enriches the literature on the relationship between digital technologies and unemployment rate.