NC State Economist Dr. Mike Walden – “City Size and Automation”

Mary:  This is Mary Walden with economist MW, welcoming you to the economic perspective.   Today’s program looks at city size and automation.  Mike, a new study was recently released by MIT that showed that most regions in the country could be facing elimination of half or more of their occupations and due to automation in coming decades.  Is this surprising, and did the study find any differences in impact among cities?

Mike:  Summary Answer

  1. Similar to a study by two British economists 3 years ago
  2. Implies automation and technology will shake up the labor market
  3. Distinct feature of new study – found differences by city size
  4. Larger cities will see less impact – although still close to 50%
  5. But smaller cities could see over a 70% loss of occupations
  6. Due to fewer cognitive, high level problem solving jobs in smaller cities
  7. Least impacted in NC: Chapel Hill and Raleigh
  8. Most impacted in NC:  Burlington and Hickory
  9. I’m MW

Mary:  And I’m Mary Walden for N C State Extension


Leave a Reply

Your email address will not be published. Required fields are marked *

*