11.128 Information Technology and the Labor Market, Spring 2003
Name
11-128Spring-2003/OcwWeb/Urban-Studies-and-Planning/11-128Information-Technology-and-the-Labor-MarketSpring2003/CourseHome/index.htm
Size
15.62 KB
Format
HTML
Checksum (MD5)
d539888c67fcb20b798ab04dfdbcfa56
Author(s)
Levy, Frank, 1941-
Alternative Title
Information Technology and the Labor Market
Date Issued
June 2003
Abstract
In this course, we will explore how information technology is reshaping the U.S. labor market: the mix of occupations, the skills required to perform an occupation, the way work is organized, labor productivity, wage levels and wage inequality. We begin from the perspective the brain is a wonderful information-processing instrument, but in those cases where a computer and the brain can process information in roughly the same way the computer can often do it at lower cost. This fact leads to a pair of crosscutting market forces: Information technology is opening up many new opportunities through its complementarity with some human skills. In both existing and new jobs, information technology is replacing human labor in certain tasks by substituting for other human skills. We will explore the current limits on computer's ability to substitute for human skills, discuss the human skills that computers complement,and assess the net effect of these forces on the labor market.
Subjects
information technology
labor
labor market
market forces
computers
information processing
technological limits
technology
interfaces
human interaction
cognition
brain
productivity
Information technology -- Economic aspects
MIT Department
Massachusetts Institute of Technology. Department of Urban Studies and Planning
Terms of Use
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