3 ms·
It's scary for everyone. The original "lump of labor" economic argument was that every level of automation lead to more abstract and higher productivity/value
by losteric 10y ago
It's scary for everyone.
The original "lump of labor" economic argument was that every level of automation lead to more abstract and higher productivity/value work, blue collar labor "just" had to get white collar jobs.
Now that automation has deeply infiltrated the entire manufacturing/retail process, it's starting to eat auxiliary "white collar" jobs.
We're running out of room for people.