Are Robots Taking Our Jobs?

This article assesses the effect of computer-based technologies on employment in Australia. We find that: (i) the total amount of work available has not decreased following the introduction of computer-based technologies; and (ii) the pace of structural change and job turnover in the labour market has not accelerated with the increasing application of computer-based technologies. A review of recent studies that claim computer-based technologies may be about to cause widespread job destruction establishes several major flaws with these predictions. Our suggested explanation for why techno-phobia has such a grip on popular imagination is a human bias to believe that we live in special times'.