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Re:Ford Pilots New Exoskeleton to Help Lessen Chance of Work... by jayd16 on Thursday November 09, 2017 @08:17PM (#15667209)
More productivity per man hour means less man hours needed. This actually lowers demand for labor.

E: lowers the price. Supply increases, demand stays the same.

Re:Ford Pilots New Exoskeleton to Help Lessen Chance of Work... by BurningFrog on Thursday November 09, 2017 @10:27PM (#15667704)
We have 250 years of data from fast productivity increases since the industrial revolution started.

The empirical experience is very clearly the opposite!

Re:Ford Pilots New Exoskeleton to Help Lessen Chance of Work... by jayd16 on Friday November 10, 2017 @03:12AM (#15668635)
I'm talking about the exact job in isolation. Obviously other opportunities arise and people will find work.

Looking to the past, we can look at how industrialization has greatly reduced the amount of human labor in agriculture.

Re:Ford Pilots New Exoskeleton to Help Lessen Chance of Work... by qnaal on Friday November 10, 2017 @01:31AM (#15668338)
What do they call it when a market increases demand for a resource in response to increased efficiency of exploitation?
Re:Ford Pilots New Exoskeleton to Help Lessen Chance of Work... by PeachPlum on Friday November 10, 2017 @04:13AM (#15668792)
Jevan's Paradox
Re:Ford Pilots New Exoskeleton to Help Lessen Chance of Work... by GuiA on Thursday November 09, 2017 @08:39PM (#15667292)
So will the workers get shorter days, or more paid time off? :)
Re:Ford Pilots New Exoskeleton to Help Lessen Chance of Work... by jayd16 on Thursday November 09, 2017 @09:21PM (#15667467)
Presumably some would have full time off.