3 ms·
What makes you so concerned about rapid onset of we haven’t seen any significant change in the (USA) unemployment rate? And there are some laws of nature that
by ccorcos 1y ago
What makes you so concerned about rapid onset of we haven’t seen any significant change in the (USA) unemployment rate?
And there are some laws of nature that are relevant such as supply-demand economics. Technology often makes things cheaper which unlocks more demand. For example, I’m sure many small businesses would love to build custom software to help them operate but it’s too expensive.
- DenisM 1y agoIt’s an interesting argument, thanks. A good analogy would be web development transition from c to java to php to Wordpress. I feel like it did make web sites creation for small business more accessible. OTOH a parallel trend was also mass-scale production of industry-specific platforms, such as Yahoo Shopping. It’s not clear to me which trend won in the end.
- ccorcos 1y agoIt’s possible that both are true. “Why” questions tend to be mathematically overdetermined. There are many correct explanations (equations) and fewer variables than equations.