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"This web site that you're posting on is dedicated to entrepreneurs who create businesses in their home offices without the need for a big corporation to back t
by betterth 14y ago
"This web site that you're posting on is dedicated to entrepreneurs who create businesses in their home offices without the need for a big corporation to back them and provide HR, Accounting, and other overhead services. That revolution in new business model opportunities is afforded by the advances in technology that your thesis is decrying."
I think you misunderstand: This site, us, these people: we're in the business of making a 1000 person company into a 10 person company.
What do you think happens to that other 980 people?
That's my point. Yes, that is what we here do. We create novel ways of doing things better, or in another light: we replace copious amounts of human labor with technology equivalents.
I'm not decrying the trend, either. I'm calling attention to it: We have to realize what is happening and adapt as a culture.
I do not think we will ever return to 4% unemployment. I think a critical mass of technology has been hit in a number of industries where re-adding the number of employees lost in a recession never happens. I think that structural unemployment number is going to keep rising until we confront the hard questions about how exactly we approach labor in this country.