> But that doesn’t mean that we should just stop innovation and stop trying to become more productive. But that's also not what he's saying, is it? It absolute

> But that doesn’t mean that we should just stop innovation and stop trying to become more productive. But that's also not what he's saying, is it? It absolutely makes sense to innovate and automate anything if labor is costly because it's in short supply. But when it's not? Isn't that then similar to the Softbank Ventures that seem to follow "spend an insane amount of money, hope that nobody else tries to match it, get to monopoly status, extract insane amounts of profit"? Invest a lot, massively undercut the competition, drive competition out of the market, turn on the profits. But, unless that labor is needed, or at least can be used, somewhere else: what is won?