Re:It’s Not China; It’s Efficiency That Is Killing Our Jobs
by neutronicus on Sunday October 23, 2011 @03:01AM
(#3145444)
A lot of innovation replaces labor input with energy input. So far, we've been replacing jobs that disappear by consuming more raw materials and energy to make more crap so everyone can have a higher standard of living. If energy/raw materials is the bottleneck instead of labor, all of a sudden the economy is a zero-sum game.
[ Parent
| on HN ]
Re:It’s Not China; It’s Efficiency That Is Killing Our Jobs
by yxhuvud on Sunday October 23, 2011 @06:06AM
(#3145725)
It would still not be a zero sum game since we could still be (a lot!) more effective in how we use the energy and the resources.
Re:It’s Not China; It’s Efficiency That Is Killing Our Jobs
by orangecat on Sunday October 23, 2011 @10:53AM
(#3146218)
Nope: http://mjperry.blogspot.com/2010/05/2009-most-energy-efficie.... The amount of energy needed to produce $1 of output keeps falling.