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No? You don’t only gain justification for automation by cutting costs. You can gain justification by increasing profits. You can keep the same amount of people
by jama211 8mo ago
No? You don’t only gain justification for automation by cutting costs. You can gain justification by increasing profits. You can keep the same amount of people but use them more efficiently and you create more total value. The fact you didn’t consider this worries me.
Also the statement “show why automation hasn’t taken over” is truely hysterically wrong. Yeah, sure, no automation has taken over since the Industrial Revolution
- toldnotmywrath 8mo agoYou can increase profits by cutting costs. It is remarkably easier to do in the short term. And even if you choose not to downsize you can drop/stagnate wages to gain from the fact everyone else is downsizing.
- jama211 8mo agoNone of what you just said is anything I hadn’t considered, and also none of it negates anything I said.