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A comment on Where our economy is, for the young. Parent comment
My brother is an industrial engineer. His job is literally "make processes more efficient."
As in, "This month, I increased the yield efficiency by X percent, saving the company Y millions of dollars per year in perpetuity"
It'd be great for him if he got some sort of commission off those gains, but he is paid pretty well to do what he does, and he enjoys the work.
Increases in efficiency are great for profits, but they are also the reason prices of things come down over time.
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My brother is an industrial engineer. His job is literally "make processes more efficient."
As in, "This month, I increased the yield efficiency by X percent, saving the company Y millions of dollars per year in perpetuity"
It'd be great for him if he got some sort of commission off those gains, but he is paid pretty well to do what he does, and he enjoys the work.
Increases in efficiency are great for profits, but they are also the reason prices of things come down over time.