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You don't get "money" from technology, you get utility from technology. You don't give people money for the productivity of technology... That's like having you
by um_ya 11y ago
You don't get "money" from technology, you get utility from technology. You don't give people money for the productivity of technology... That's like having your washing machine pay you for the money it's saving you on hiring somebody to wash it by hand. The value is in the cost saved from using a technology, not the money you receive from it.
- eru 11y agoExactly. But money is easy to create: we can just print it. Creating utility is real. Money is nominal.