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Tooling has made us vastly more efficient since the days of FORTRAN and punch cards, which has caused millions more of us to be able to employed in the field. F
by sokoloff 1y ago
Tooling has made us vastly more efficient since the days of FORTRAN and punch cards, which has caused millions more of us to be able to employed in the field. Few companies could afford websites built with ancient tech, but everyone can afford websites built with recent tech and, as a result, everyone has one.
NB: Firing 20% of employees requires a 25% increase in efficiency by the simple math.