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I'm no economist, but I think these arguments conflate the financial well-being of an industry with that of its workers. Automation increases any given industry
by chefandy 3y ago
I'm no economist, but I think these arguments conflate the financial well-being of an industry with that of its workers. Automation increases any given industry's financial well-being but it's not evenly distributed.
Many software developers seem so accustomed to a disproportionately high labor value that they: a) incorrectly assume they can easily pivot their capability into something else, and b) have entirely lost touch with the realities of most labor markets. Even if its not tomorrow, I think this is going to be a rude awakening for many people in software.
- vannevar 3y agoYes, this is the point I was making about developers not getting much of a share of the increased profits from the productivity boost. That's been the story for workers (at least in the US) since the 70s.
- chefandy 3y agoYeah. Tech optimists of late smack of their .com bust era counterparts clinging to early net utopianism and ignoring history and empirical evidence. The popular platitude "the rules have changed" wasn't a lie– they were just wrong about which rules changed.