3 ms·
So in the past, out of that $200, $100 went to labor. Now, only $80 are left, and capable robots also compete for that. So maybe you spend only $40 on labor.
by petra 7y ago
So in the past, out of that $200, $100 went to labor.
Now, only $80 are left, and capable robots also compete for that. So maybe you spend only $40 on labor.
So now you support only 40% percent of jobs. And that's without considering second order effects.