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A comment on Generative A.I. Can Add $4.4T in Value to Global Economy, Study Says. Parent comment
Developed countries seem to have outsourced or automated many formerly middle-class manufacturing and office jobs.
New jobs tend to be high-end tech jobs or low-end service jobs. (And even some of the are being automated.)
An obvious benefit from globalization and automation appears to be providing more affordable consumer goods.
Unfortunately (and for various reasons) housing, higher education, and health care have become drastically more expensive (in the US at least.)
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Developed countries seem to have outsourced or automated many formerly middle-class manufacturing and office jobs.
New jobs tend to be high-end tech jobs or low-end service jobs. (And even some of the are being automated.)
An obvious benefit from globalization and automation appears to be providing more affordable consumer goods.
Unfortunately (and for various reasons) housing, higher education, and health care have become drastically more expensive (in the US at least.)