3 ms·
Capitalism captures savings from automation as fast as it is enacted, for the most part (jevons paradox also applies). Funny enough, shortages are priced in bef
by Supermancho 2y ago
Capitalism captures savings from automation as fast as it is enacted, for the most part (jevons paradox also applies). Funny enough, shortages are priced in before they occur, due to traditional financial planning.
Inflation is a separate pressure, which rises more-or-less evenly, regardless of automation savings.