Frank M. Fossen

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About

Frank M. Fossen is a leading scholar in the economics of innovation and labor markets, with a particular focus on the impact of emerging technologies on employment and wages. His research rigorously examines how artificial intelligence, software, and industrial robots reshape the U.S. workforce. In his highly cited 2022 study, "How Are Patented AI, Software and Robot Technologies Related to Wage Changes in the United States?" (21 citations), Fossen and his co-authors provide a nuanced analysis of how different patented technologies correlate with individual-level wage changes from 2011 to 2021. This work stands out for its granular, technology-specific approach, moving beyond broad automation narratives to reveal distinct wage effects tied to AI, software, and robotics. By linking patent data to individual earnings, Fossen offers critical insights for policymakers and economists navigating the Fourth Industrial Revolution. His contributions are essential for understanding the complex interplay between technological progress and economic inequality, establishing him as a vital voice in debates on the future of work and the distribution of innovation's benefits.