Re:Robots and industrialization in developing countries [pdf]
by stevetrewick on Saturday November 19, 2016 @10:23AM
(#12993835)
>Which are all relatively poorly paying
Relative to stuff we place higher utility on than art, because opportunity cost. But as the price of that stuff approaches zero due to mass automation of production so does the opportunity cost of art.
Art is a log scale when it comes to compensation - and many of the best paid are dead.
The issue is not job loss, its job replacement with worse paying service sector jobs which act as a barrier to upward social movement (because lower pay means less access to various positive network effects)