3 ms·
What does it matter that the goods are cheaper if you don't have a job to provide income to purchase said goods? And while labor-saving tech is, overall a good
by st3v3r 10y ago
What does it matter that the goods are cheaper if you don't have a job to provide income to purchase said goods?
And while labor-saving tech is, overall a good thing, there are lots of people still counting on those mundane jobs to put food on the table. And so far, no one is willing to think of what happens to them, or prepare for when those jobs go away. And if we don't do that, if we rely on "the market" to do the right thing, we will see that epic labor shortage which leads to the dystopian future.
- maverick_iceman 10y agoYou realize that you could have made the same argument over the past 200 years? "Who'll buy all the farm produce when there are no fRm workers left?"
- api 10y agoThe difference is massive economic growth between the industrial revolution and today. Jobs lost to industrialization were quickly replaced as the economy grew exponentially in size and complexity. Today growth is very anemic owing to market saturation and declining birth rates.