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So one of the interesting perspectives I ran across recently said basically that "industrialization destroyed a whole class of jobs leaving millions of workers
by ojbyrne 15y ago
So one of the interesting perspectives I ran across recently said basically that "industrialization destroyed a whole class of jobs leaving millions of workers with no further economic role ever. But those workers were horses."
- queensnake 15y ago... and which way do you take that; that, because we're not horses, we're ok? Or, that horse-skilled people can indeed be left out forever? (It's possible; see this on the US' Supplemental Security Income (SSI): http://thelastpsychiatrist.com/2010/11/the_terrible_awful_truth_about_1.html http://thelastpsychiatrist.com/2010/11/the_terrible_awful_tr...)
- ojbyrne 15y agoThe latter basically. Technology wiped out the work of horses, so there's no reason it can't move up the "skills ladder" and wipe out more skilled employees.
- scarmig 15y agoVery interesting. Are you suggesting horses play the part of Tyler Cowen's Zero Marginal Product workers in the Industrial Revolution? http://marginalrevolution.com/marginalrevolution/2010/07/zero-marginal-product-workers.html http://marginalrevolution.com/marginalrevolution/2010/07/zer... Also, if you remember where you saw that point specifically, I'd love to read it.