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Unlike health care, where our understanding of human biology is fundamentally limited, I can't see a fundamental limit to automation in construction. The articl
by joe_the_user 5y ago
Unlike health care, where our understanding of human biology is fundamentally limited, I can't see a fundamental limit to automation in construction. The article notes that construction has become less capital intensive over the years due the uncertainty of construction demand (kind of like expensive defense items like planes being built almost by hand because orders are whittled down to a few per year).
And sure, the "cost disease" effect makes labor intensive industries seem less productive with apparently too-high-paid people.
https://en.wikipedia.org/wiki/Baumol%27s_cost_disease https://en.wikipedia.org/wiki/Baumol%27s_cost_disease