Workforce Transition and Income Inequality in the Age of Automation

It is expected that automation and income inequality will have a major impact on the world economy in the 2020’s and beyond. A research conducted by Bain (K. Harris, Kimson, & Schwedel, 2018) claimed that the impact of the economic disruption, which could be triggered by the collision of income inequality and automation, might be more...

Agent-based modeling 2.0: Data-driven selection of model structure

Agent-based modeling is useful to simulate the human role in socio-technical systems. Thereby, the complexity of such systems can be captured. For instance, it has shown to be useful at simulating innovation in socio-technical systems. We develop a next step in which laborious model building is automated. We present a working example on...