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Computer/Smartphone being addictive and time-wasting in personal level doesn't negate the value they created due to automation. That's a revolution too, even if
by higerordermap 6y ago
Computer/Smartphone being addictive and time-wasting in personal level doesn't negate the value they created due to automation. That's a revolution too, even if most of value is harvested by the industrial upper class.
If people realized the value computing can give, consumer electronics will be useful for them. But they want instagram and snapchat instead.
- CryptoPunk 6y ago>>That's a revolution too, even if most of value is harvested by the industrial upper class. A significant portion of the value created is not captured by economic statistics, as they mostly deal with measuring economic resources that are scarce enough to have market prices. Abundant goods are free like air, and are widely distributed, and automation has made many classes of goods/services fall into this category, like many types of information (compare trying to find your way around a city 20 years ago, to today using Google Maps, or trying to read up on some obscure subject 30 years ago by visiting a library, versus finding the Wikipedia page on it via a 3 second Google search on your phone).