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Automation creating a net increase in opportunity means that generally, people who lost from the industry they work in being automated will see that more than m
by CryptoPunk 7y ago
Automation creating a net increase in opportunity means that generally, people who lost from the industry they work in being automated will see that more than made up for by what they gain when other industries are automated.
Amazon's automated deployment of web servers eliminated jobs in server hosting companies that set up dedicated servers for people but generated massively more opportunities by making it much cheaper, in time and money, for people at large to deploy their own server.
The proliferation of web based businesses in turn expands new classes of occupations that provide people with more niche services that enhance their quality of life.
- chillacy 7y ago> generally Yes, generally this is the case. I'm just pointing out that historically, not everyone has won equally, and some have lost.
- CryptoPunk 7y agoThat goes with life in general. Equalizing gains with mandatory measures comes at the cost of a less responsive economy with less gains overall.