Bell Ringer Assignment

• CLIP #1: Professor Sankaran begins her lecture by indicating that the idea that robots will “take all of our jobs” is a myth. Explain how the graph that she provides from the Bureau of Labor Statistics supports her claim.
• CLIP #1: Compare and contrast the short-run disruptions shown on the graph to the long-run trends indicated over time in the United States.
• CLIP #1: Economists state that technology can be either labor-saving or labor-augmenting. Which of these does Professor Sankaran state that robots are doing in her analysis of the overall labor market? Explain.
• CLIP #2: What does Professor Sankaran explain are the structural changes to the labor market that are occurring across our economy?
• CLIP #2: Based on the clip, how do the structural changes impact the skills that will be needed in the future in order to be gainfully employed?
• CLIP #3: List and describe the five types of workplace tasks, as presented in the clip. Explain why some of these can be more readily performed by computers/robots than others.
• CLIP #3: Analyze the graph presented on the changing work tasks in the U.S. economy. Note two trends in the graph.