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> But the lack of optimism surprises me. People now understood that the vast majority of productivity boosting technologies benefited a few % of people at the
by lm28469 1y ago
> But the lack of optimism surprises me.
People now understood that the vast majority of productivity boosting technologies benefited a few % of people at the top, while the rest of use still basically live like in the 70s, except we work longer, have worse job security, can't buy houses, &c.
"Automation will free us from work", "Your car will drive itself in two years", "owning a car will cut your commute time in half", "LLMs will bring UBI", "Robots will fold your clothes so you can spend time on your family", fool me once...
https://economicsfromthetopdown.com/wp-content/uploads/2020/01/epi_pay_gap.png?resize=723%2C490 https://economicsfromthetopdown.com/wp-content/uploads/2020/...