It's a bit different: In the 1990s and early 00s, automation happened mostly in manufacturing. The low productivity growth stats that stupid (mainstream) "econ

It's a bit different: In the 1990s and early 00s, automation happened mostly in manufacturing. The low productivity growth stats that stupid (mainstream) "economists" like Krugman cite to argue against people like Yang or Musk measure all labor. But manufacturing makes up less than 1/5 of the US economy. If you look at the labor productivity in the manufacturing sector alone, it's congruent with the automation argument [1]. Productivity numbers are lagging because investments in new tech need time to bear fruit. Automation of the service sector has already started and will show in the numbers soon enough. Given that the service sector is four times the size of manufacturing in the US, it will be even better for GDP and even worse for people if again nothing is done and people keep listening to those intellectual frauds who call themselves "economists." _______________________ [1] https://www.bls.gov/lpc/prodybar.htm https://www.bls.gov/lpc/prodybar.htm