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That's not how it works. If a new platform or system enables efficiency, then it creates value. eg. Textile machinery. One machine can replace 100 of workers
by ardit33 8y ago
That's not how it works.
If a new platform or system enables efficiency, then it creates value.
eg. Textile machinery. One machine can replace 100 of workers, (and it maybe a negatives for those 100 workers), but it can increase the output 10x, hence now more people can afford decent and warm clothes and fabric. The society wins on the long term.
If you are a long distance horse-carriage driver on the 19th century, a train being built on your route, it might suck for you as it may put you out of a job, but it is great for other thousands of people that can do the same trip at 1/10 of the time and 1/5th of the cost.
Historically, tractors, cars, trains etc are the same story.... "online" is just another version of it.
Also, I remember most folks here, there are actually countries in the world where these online efficiencies don't exist. (online shopping, and credit cards are not in mass use). Unless your local shop have something you need, you are out of luck, and yes, life is usually worse for everybody in said countries.