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Reducing equality is not the only measure for helping the economy. Software driven automation has made enormous sections of the economy more productive and ther
by mseebach 13y ago
Reducing equality is not the only measure for helping the economy. Software driven automation has made enormous sections of the economy more productive and there's plenty more to do.
But yes, as comfortable middle class jobs are largely automated away, inequality increases. "Average is over" by Tyler Cowen is largely about this shift. It's not a particularly comfortable read, but I struggle to fault his analysis.