Re:Economists are revising their views on robots and jobs
by Consultant32452 on Tuesday January 25, 2022 @11:21PM
(#30081655)
>If in 1980 you were able to replace 4 clerks handwriting transactions in an accounting ledger with one clerk typing them into a spreadsheet but pay that one clerk marginally more than a handwriting clerk, who benefits most in that equation?
In a market economy competition will squeeze down those newfound profits. The owner of the company benefits, the employee benefits, and all the customers benefit.
In a market economy competition will squeeze down those newfound profits. The owner of the company benefits, the employee benefits, and all the customers benefit.