3 ms·
> I believe the economics term for this would be that photons are extremely deflationary relative to labor? Maybe, but I think most economists would say that t
by theandrewbailey 3y ago
> I believe the economics term for this would be that photons are extremely deflationary relative to labor?
Maybe, but I think most economists would say that technology caused productivity to increase to previously unimaginable levels, so today's labor can create way more photons than in the past.