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Exactly. Consider that automation would be pointless if replacing N foo-craftsmen with foo-machines necessitated the hiring of N equally expensive foo-machine
by Crito 13y ago
Exactly. Consider that automation would be pointless if replacing N foo-craftsmen with foo-machines necessitated the hiring of N equally expensive foo-machine repairmen and assemblers.
Automation reduces jobs, wages, or both.
Nevertheless, we should embrace it. Increasingly strong social safely nets can be used to take up the slack.