Re:As Tech Evaporates Jobs, “The Tipping Point Will Be Drive...
by dragonwriter on Wednesday June 15, 2016 @01:34PM
(#11910719)
> Everyone seems to be working more hours these days rather than less.
At lower real hourly wages. Which is the effect of automation competing with human labor, it doesn't outright destroy jobs, it just reduces the market-clearing price of the forms of labor it is able to compete with.
At lower real hourly wages. Which is the effect of automation competing with human labor, it doesn't outright destroy jobs, it just reduces the market-clearing price of the forms of labor it is able to compete with.