4 ms·
Making goods and services cheaper is 'negative economic impact'? I'd argue the opposite. Greater productivity has been humanities goal ever since they first sta
by Simon321 6y ago
Making goods and services cheaper is 'negative economic impact'? I'd argue the opposite. Greater productivity has been humanities goal ever since they first started sharpening rocks and sticks. I'd argue that it is desirable. Yes, as you point out, greater productivity has disadvantages at first also. See for example the mechanisation of agriculture, people lose their jobs. But as you point out yourself, the blow can easily be softened with better social safety nets.