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No one is talking about a labor shortage! The problem is a consumer shortage. Automation only makes it worse. Aging population with a shrinking population mean
by rpiguy 7y ago
No one is talking about a labor shortage! The problem is a consumer shortage. Automation only makes it worse.
Aging population with a shrinking population means less people to buy goods. Automation means less people employed. This is bad for growth. Economic expansion requires increases in production and consumption.