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If there's limited demand for a thing and increased efficiency lets half the people fulfill that demand, half the people are going to be out of work. The reduc
by CuriouslyC 3y ago
If there's limited demand for a thing and increased efficiency lets half the people fulfill that demand, half the people are going to be out of work. The reduced cost to produce the thing might end up producing more jobs in the economy down the line, or it might not.