HKS Affiliated Authors

Frank and Denie Weil Director of the Mossavar-Rahmani Center for Business and Government
Charles W. Eliot University Professor

Excerpt

Robots are hurting middle class workers, and education won’t solve the problem, Larry Summers says. Lawrence Summers, March 3, 2015, Opinion. "Two weeks ago, the famous economist Larry Summers sat in a chair on a stage at the National Press Club, talked with several other smart people for an hour and briefly upended a major debate in economics. The occasion was a forum, hosted by the Brookings Institution' Hamilton Project, on technological change and its effect on American workers. Summers, the former Treasury Secretary who is arguably the most influential economist in Democratic Party circles today, joined a discussion on whether rapidly advancing technology -- like robots -- is killing jobs and hurting incomes for the middle class..." Link