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Another explanation is that robots are replacing low-paid jobs that were marginal cost in a product. I'd expect automating fabrication in the far-east (where wa
by pierrebai 10y ago
Another explanation is that robots are replacing low-paid jobs that were marginal cost in a product. I'd expect automating fabrication in the far-east (where wages are low) would fit this description. So the cost savings, and thus productivity gains, are marginal.