Hi there! I have just joined Parlio and would love to have a chat with other members of the community.
I am Chief Economist at Deloitte LLP in London and advise boards of companies on macroeconomics. I am particularly interested in the effects of technological change on the economy, especially on employment and redistribution of wealth.
In a recent paper, along with colleagues and fellow economists Debapratim De and Alex Cole, I have studied how technology has affected employment in England and Wales since 1871. We show that in the last 145 years technology has created more jobs than it has destroyed.
But the role played by technology in boosting employment often goes overlooked because of its more conspicuous job-destroying effects. This has created a skewed policy debate, one which underplays the complementary nature of the relationship between technology and labour. We are all familiar with the destructive side of this story, one in which technology replaces people, raising productivity and lowering prices. Our research tries to define the creative side by identifying three mechanisms through which technology creates jobs.