4 ms·
That chart of prices is a great example of "cost disease" [0] - as some industries (software, finance, etc) become dramatically more productive from economies o
by ForHackernews 2y ago
That chart of prices is a great example of "cost disease" [0] - as some industries (software, finance, etc) become dramatically more productive from economies of scale, other industries that don't scale (healthcare, education) will become more expensive.
Q: Why should anyone be a nurse when they could be a frontend developer instead and make way more money?
A: You're going to have to pay your nurses a hell of a lot more.
[0] https://en.wikipedia.org/wiki/Baumol_effect https://en.wikipedia.org/wiki/Baumol_effect