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>Your argument about candle-makers is also a straw man: thus far through our history, we've been able to replace each declining low-skill industry with the asce
by tatsuke95 15y ago
>Your argument about candle-makers is also a straw man: thus far through our history, we've been able to replace each declining low-skill industry with the ascendancy of another equally low-skill industry (argiculture to factory labor, factory labor to "service" work, etc.) But that era appears to be coming to an end. In a world where there are no jobs for people in the bottom X% of intelligence, we don't automatically get more innovation -- we just get structurally unemployed people.
Not a straw man at all.
Low Skill Industry will just change its definition. Maybe computer programming becomes a "low-skill", commoditized field. Who knows? It will be probably be something we haven't even thought about yet.
It's funny you ask someone to "prove it". You are also restating a popular theory, but your theory has failed when we look at economic history.
>But that era appears to be coming to an end.
That's news to me. Before the recession, there were more jobs being created than at any point in history.