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Yes you have to put two and two together. If the attrition of newcomers is high enough, and oldtimers fill newcomer positions (or just their wages) in rough ti
by ty6853 1y ago
Yes you have to put two and two together.
If the attrition of newcomers is high enough, and oldtimers fill newcomer positions (or just their wages) in rough times, then if the high attrition of newcomers is high enough to overcome the phase-in rate of automation then the old timers will more or less stay employed just likely at the shit wages that newcomers get.