In the 19th century, it took six decades for the wages of textile workers to recover from the advent of weaving machines. We are in the midst of another such gap now, according to David Autor, a pioneering labor economist at MIT. What's happening now: Machines are creating more wealth, but workers are not getting their usual cut of the pie, Autor told Axios. "Automation is redistributing income from workers to owners."

Author: Michael Levine