What are the environmental impacts of the increasing use of automation technologies? To answer this question, we propose a model of production in the age of automation that incorporates emission externalities. We derive a threshold condition subject to which the use of industrial robots affects...

We study how the development of Artificial Intelligence (AI) influences the distribution of income between capital and labor and how this, in turn, exacerbates geographic income inequality. To investigate this issue, we first build a theoretical framework and then analyze data from European...