Re:Should economists be more concerned about AI?
by gpawl on Wednesday March 01, 2017 @09:48PM
(#13771004)
automation creates jobs when there's aggregate demand for more products and services. When people reach their finite limit of consumption (Example: boredom is obsoleted by digital media tech), and wages are depressed to subsistence by laissez faire capitalism, you've got a bunch of unemployed people with nothing to do for the poor people who would like to pay them for stuff
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