The latest research from the Research Institute of Economy, Trade and Industry (RIETI) is said to overturn conventional wisdom that AI and robots will take away jobs. Reports say that the possibility of a reversal phenomenon produced by the Productivity-Enhancing Capital Investment Promotion Tax System has been identified.
In contrast to the view that AI and robots will take away jobs, the latest research from the Research Institute of Economy, Trade and Industry (RIETI) is said to present a different perspective. The research is described as overturning conventional wisdom, and appears to discuss such issues as labor mobility and the reallocation of occupations.
The article is also reported to point out that the Productivity-Enhancing Capital Investment Promotion Tax System, a tax system designed to promote capital investment aimed at improving productivity, may be having a counterintuitive effect on the relationship between employment and productivity. It is said to introduce an overview of the relationship between tax policy and automation through commentary by a certified public accountant.
Overall, reports presenting views different from those supporting concerns about job losses are included alongside one another, and it is said that developments in future research and the release of additional data will attract attention.