But the lump of labour fallacy is wrong - in the end automation makes us all wealthier as goods become cheaper, and people can do more productive work (and be better educated for it too).
This is how it should be, but it isn’t the present day reality. Productivity goes up, wages go down, and the rich get richer. We’re headed straight for technofeudalism buddy…
But the lump of labour fallacy is wrong - in the end automation makes us all wealthier as goods become cheaper, and people can do more productive work (and be better educated for it too).
This is how it should be, but it isn’t the present day reality. Productivity goes up, wages go down, and the rich get richer. We’re headed straight for technofeudalism buddy…