4 ms·
Job-killing is a GOAL of technological innovation, and this is a good thing. In an ideal world this would free up our time to be spent doing things we as humans
by bottled_poe 12y ago
Job-killing is a GOAL of technological innovation, and this is a good thing. In an ideal world this would free up our time to be spent doing things we as humans WANT to do. Technological improvements should decrease the price of good and services because less resources and efforts are required to provide them. Sadly, this is not what we have seen. Working hours go up, and so do the prices. Perhaps it is due to the nature of capitalism, something like Jevon's paradox or some other unexpected behaviour.