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>If you can leverage technology to improve productivity, your wages WILL go up to match it This idea runs counter to history of industrialization and automatio
by jonathankoren 4y ago
>If you can leverage technology to improve productivity, your wages WILL go up to match it
This idea runs counter to history of industrialization and automation. If you can get the same output of six people with one person, you fire five them, because you can’t produce or sell 36x as much.