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There is no reason to think that the number jobs gained by new technology are equal to the number of jobs lost. In fact, based on the fact that we currently hav
by gizmo686 13y ago
There is no reason to think that the number jobs gained by new technology are equal to the number of jobs lost. In fact, based on the fact that we currently have a 40 hour standard work weak, it seems like the average time spent working per person has decreased. Over a long period of time, I suspect this is the number that will adjust to maintain employment.