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> Automation takes time to develop […] And capital! The human beings who spend their time developing new technology need to be fed, which requires consuming so
by runeks 6y ago
> Automation takes time to develop […]
And capital! The human beings who spend their time developing new technology need to be fed, which requires consuming someone’s savings.
Whether automation makes sense always depends on its benefit versus the cost of development. E.g. if we spend money on feeding 100 engineers for 10 years while they develop a technology that increases the efficiency of producing something by X% is it worth it?
We always need to make this calculation because the amount of savings is finite, so we have an interest in spending it in a way that creates the most gain.