Paul Graham wrote on HN a few years back something to the effect of "never in history has making the consumption of a resource more efficient resulted in less d

Paul Graham wrote on HN a few years back something to the effect of "never in history has making the consumption of a resource more efficient resulted in less demand for it over the long term". With regard to human labor in particular, people have said of nearly every major breakthrough in mechanization or automation that it would destroy all the jobs, and every time, it has done no such thing. There are people saying "this time is different", but heuristically speaking, betting against a long historical track record is probably not a good bet.