4 ms·
> It is the input that continuously reconstitutes itself around whatever remains scarce, valuable and socially demanded as productivity rises. We’re nowhere ne
by lurk2 9mo ago
> It is the input that continuously reconstitutes itself around whatever remains scarce, valuable and socially demanded as productivity rises.
We’re nowhere near it, but there is a point at which the marginal utility of laborers is worth less than the security risk the laborers represent by continuing to exist. This is already happening with a lot of manufacturing and resource extraction.
> This is the lump of labor fallacy- the belief that there’s a fixed amount of economically valuable work that technology and capital can eliminate through automation or capital accumulation instead of transforming it.
What if I consider the labor conditions that exist after this transformation to be undignified?
- mmaunder 9mo agoInteresting comments. Thanks. A long time ago I worked for DeBeers diamond and gold mining in South Africa and Namibia as a Microsoft systems engineer out in the desert. These days I’m a cybersecurity expert. Given that context, these are excellent points.