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People have always hoped for that but it doesn’t materialize, the opposite effect does as societies mechanize. Part of the reason I think is that the value of l
by mattnewton 3y ago
People have always hoped for that but it doesn’t materialize, the opposite effect does as societies mechanize. Part of the reason I think is that the value of labor magnified by automation is higher, so the opportunity cost of not working more is higher as you mechanize more!