How would you approach analyzing the impact of technological change on job polarization?

Sample interview questions: How would you approach analyzing the impact of technological change on job polarization?

Sample answer:

1. Identify the Occupations Affected:

  • Examine industry-level data to determine which occupations are most susceptible to automation and other technological advancements.
  • Analyze job descriptions and task requirements to identify occupations with tasks that can be easily automated or rendered obsolete.

2. Quantify the Impact on Job Loss and Creation:

  • Use econometric models to estimate the number of jobs lost and created due to technological change.
  • Consider direct job displacement, as well as indirect effects on related occupations and industries.

3. Analyze Skill Requirements and Wage Effects:

  • Examine how technological change alters the skill requirements of occupations.
  • Determine whether new technologies demand higher or lower levels of skills and education.
  • Assess the impact on wage inequality and earnings distribution across different skill levels.

4. Consider Geographic and Sectoral Distribution:

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