As part of the MIT Task Force on the Work of the Future’s new series of subject-specific research briefs by MIT faculty, Institute Professor Daron Acemoglu teamed with economics PhD student Andrea Manera and Boston University Assistant Professor Pascual Restrepo to examine the different forms of automation and examine how the U.S. tax system has led to excessive reliance on machines. In their brief, “Taxes, Automation, and the Future of Labor,” Acemoglu and co-authors explain how the tax system evolved to favor capital relative to labor, and what U.S. policymakers could…
