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Fighting technological progress is consistently a losing strategy unless: 1. You can take some extremely expensive or geographically irreplaceable assets out o
by MattGaiser 2y ago
Fighting technological progress is consistently a losing strategy unless:
1. You can take some extremely expensive or geographically irreplaceable assets out of commission while doing it. See port workers.
2. You realize that one day it will all come crashing down, and very suddenly and that you must save very aggressively for that day. Forklift drivers and manufacturing workers making 90K a year until their employers collapsed in 2008 and that freed them of union contracts.
This is exacerbated by tech being a high cycle industry, with a lot of new entrants and large firms (beyond the largest) often dying or collapsing, so chaining a few major players with contracts is unlikely to protect the industry as a whole.
There isn't a scenario where AI engineers exist and we all keep our nice tech jobs long term as they are (handwriting code).
It doesn't help that in a large factory, having 70% onboard is enough to stop a plant. In tech, if 30% break rank, the thing is still getting built.
Need to figure out where the ball is going.