4 ms·
I don't think the 'labour' concept of value has any meaning at all. Given how much our labour is amplified by machines, energy, machine intelligence, parts, eq
by alexasmyths 9y ago
I don't think the 'labour' concept of value has any meaning at all.
Given how much our labour is amplified by machines, energy, machine intelligence, parts, equipment, R&D, support - it's not a very helpful way to think about anything.
It's also very unhelpful when considering prices of IP related things.
You study your whole life to become a great actor, you make a film - it only takes a month. Is it only a 'one month film'? Equivalent to the quality of a newby actor?
Almost everything requires at least some skill ...
- codemac 9y agoIt depends -- how would we price things when everything takes 0 labor from humans? Because I bet the price changes drastically, and that's the labor-value represented in object.