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A comment on Economists are revising their views on robots and jobs. Parent comment

Re:Economists are revising their views on robots and jobs by BeFlatXIII on Wednesday January 26, 2022 @08:52AM (#30085336)
I wonder if there have been any serious studies to determine whether there is truth behind Marx’s claims of an automation arms race leading to a declining rate of profit.
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Re:Economists are revising their views on robots and jobs by imtringued on Thursday January 27, 2022 @03:47AM (#30097911)
Profit must go down to zero because of structural reasons.

Profit isn't a reward, it is a reallocation of capital to a new sector. At some point growth stops and there are no new sectors meaning there is nothing to reallocate existing capital to.

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