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Look at early modern china vs europe: no labour shortages mean preserving ancient inefficiencies, while labour shortages spur investment in productivity* and he
by 082349872349872 2y ago
Look at early modern china vs europe: no labour shortages mean preserving ancient inefficiencies, while labour shortages spur investment in productivity* and hence innovation.
* Ozimec does mention this, contrary to the hed
- vinnyvichy 2y agoSpeaking of investments, a follow-up to IEI forked here for posterity and refuge (within an Anarrean wall? Sanatorium?) from the A-Io/Oceanic tribalists https://news.ycombinator.com/item?id=40894962 https://news.ycombinator.com/item?id=40894962 But going back to your point, efficient energy pricing--fossil as well as renewable -- are maybe another (contemporary) example of innovation-reducing, uh, habits (/grooves) Personally, you might be excited by the parallel prospect of LLMs as nonsolutions to the perennial problem of academic wage depression