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Another point I've seen made is that capital costs are cheaper than ever, so automation can be financed at almost no cost. So higher tariffs will be a boon on
by GFischer 10y ago
Another point I've seen made is that capital costs are cheaper than ever, so automation can be financed at almost no cost.
So higher tariffs will be a boon on robot-makers, not necessarily the working-class people that expected to take those jobs.