Part 2: Task-Based Theories of Production Section 7 Automation and New Tasks¶ Read this section across its overview and subsection pages. Overview Overview Subsection 7.1 What changes when a task is automated? Subsection 7.2 Displacement and productivity gains Subsection 7.3 Labor demand and the labor share at given factor prices Subsection 7.4 Output expansion and employment at adopting firms Subsection 7.5 The race between man and machine Subsection 7.6 Automation, new tasks, and equilibrium wages Subsection 7.7 Automation and new tasks cheatsheet Back to this Part