Re:The Gates of Argonath from the LotR in VR 50 FPS Using UE5.1
by worldsayshi on Thursday December 15, 2022 @06:00PM
(#34007029)
>Industrialization is better for society because it produces more customer surplus.
Also my point.
>Even Marx thought the Luddites were wrong.
Sure they are wrong in that they confuse what the problem is. If workers owned the factory they would be happy to automate the work. But their feeling of being left out has some validity because if they weren't the total value would improve.
The real issue is that the revenue brought back through automation doesn't benefit the worker. If it did, the automation would happen sooner because incentives would align better and the total value for society would thus likely improve faster.
Also my point.
>Even Marx thought the Luddites were wrong.
Sure they are wrong in that they confuse what the problem is. If workers owned the factory they would be happy to automate the work. But their feeling of being left out has some validity because if they weren't the total value would improve.
The real issue is that the revenue brought back through automation doesn't benefit the worker. If it did, the automation would happen sooner because incentives would align better and the total value for society would thus likely improve faster.