Meandering from that post, came across this graph of productivity versus employment. I’m fairly convinced technology is the leading factor in the divergence, even though others mention the financial sector and probably politically-motivated concerns about different presidents.
Not sure if we will experience another industrial revolution scenario of labor devaluation or whether this change will be qualitatively different.
I wonder who will benefit fiscally from booms in non-human productivity, and whether monetary gain will still mean the same thing it recently has.
Meandering from that post, came across this graph of productivity versus employment. I’m fairly convinced technology is the leading factor in the divergence, even though others mention the financial sector and probably politically-motivated concerns about different presidents.
Not sure if we will experience another industrial revolution scenario of labor devaluation or whether this change will be qualitatively different.
I wonder who will benefit fiscally from booms in non-human productivity, and whether monetary gain will still mean the same thing it recently has.