> In economics, the lump of labour fallacy is the misconception that there is a fixed amount of work—a lump of labour—to be done within an economy which can be distributed to create more or fewer jobs.
Re:Can GPT-4 *Actually* Write Code?
by dw_arthur on Friday March 17, 2023 @12:52PM
(#35199642)
The lump of labor fallacy says nothing about a particular type of job. A category of jobs can become non-productive versus a technology and the workers within those jobs should get reallocated to more productive jobs.
> In economics, the lump of labour fallacy is the misconception that there is a fixed amount of work—a lump of labour—to be done within an economy which can be distributed to create more or fewer jobs.