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My assumption is that growth in knowledge work is dependent on there being growth in disposable income for the population. In my scenario where a large portion
by hackinthebochs 16y ago
My assumption is that growth in knowledge work is dependent on there being growth in disposable income for the population. In my scenario where a large portion of the population has no marketable skills and therefore can't find a job, this effectively puts a cap on the amount of knowledge work the economy can sustain. See my reply to stretchwithme for a further explanation of my thoughts on this scenario.
- stretchwithme 16y agoThe growth in knowledge is dependent on how much brain power there is. Everything we do is subject to improvement by anyone that cares to analyze and innovate. In the scenarios of those against technology 50 years ago, they also could not see how the economy would evolve or how people would adapt. But that lack of vision isn't proof that they were right.