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Re:Email from Jeff Bezos to employees by dantheman on Tuesday February 02, 2021 @07:34PM (#26009125)
Because we get more than we had before. As costs go down, the risk of innovation goes down, we're able to be more responsive, able to do new things. People are able to have more variety to meet their individual needs and preferences.

In short we get more or work less and the overall quality of life for everyone increases.

Re:Email from Jeff Bezos to employees by andrewjl on Friday February 05, 2021 @01:05AM (#26033592)
That's not universal. Good example here https://en.wikipedia.org/wiki/Jevons_paradox