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Is job displacement really different from large productivity gain? Both of them result in you needing fewer employees for the same amount of output, and in the
by Eridrus 10y ago
Is job displacement really different from large productivity gain? Both of them result in you needing fewer employees for the same amount of output, and in the end automated systems still need supervision, and someone has to make them.
- mcv 10y agoThe only difference is in what you do with it. Does it mean more profits for the owners and no money for the unemployed workers? Or does it mean workers get the same money for less work, now that machines can do it for them. In our current economic system, we get the former. We need to change the system so it turns into the latter.