PCA15: Does Your Product Displace a Job or Augment a Skill?

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Paul Teich

ProductCamp Austin 15

Technologie

Partial Automation
It isn’t necessary to automate every task
composing a job for some people to
become unemployed due to automation.
The incremental increases in productivity
automation brings may lead to excess
labor supply.

Tasks and Automation
●
●
●
●
●
●
●
●
●
●
●
●
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Autor,LevyandMurnane,2003

Virtuous and Vicious Cycles
Success Investment
InnovationProduction
$Rev $Risk
Automation
Job Gain/Loss
for Production
Job Gain/Loss
for Innovation
Net
Labor
Flow
$ Gain/Loss for
Production
$ Gain/Loss for
InnovationNet
Capital
Flow
Increasing
Automation may
lead to imbalances
in Labor Supply
and Demand, and
divorce Capital
from Labor.

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PCA15: Does Your Product Displace a Job or Augment a Skill?

1. ProductCamp Austin 15 15 Aug 2015 Format: Town Hall Category: Opportunity Analysis Paul Teich Sam Teich www.slideshare.net/pteich

2. Sponsors Diamond Gold Platinum

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14. Partial Automation It isn’t necessary to automate every task composing a job for some people to become unemployed due to automation. The incremental increases in productivity automation brings may lead to excess labor supply.

15. Tasks and Automation ● ● ● ● ● ● ● ● ● ● ● ● ● ● Autor,LevyandMurnane,2003

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18. Virtuous and Vicious Cycles Success Investment InnovationProduction $Rev $Risk Automation Job Gain/Loss for Production Job Gain/Loss for Innovation Net Labor Flow $ Gain/Loss for Production $ Gain/Loss for InnovationNet Capital Flow Increasing Automation may lead to imbalances in Labor Supply and Demand, and divorce Capital from Labor.

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21. Sponsors Diamond Gold Platinum