News for hackers. Stuff that matters.
Re:Outsourced Jobs Are No Longer Cheap, So They're Being Aut... by AnthonyMouse on Thursday October 09, 2014 @03:01AM (#8431152)
> Both farmer and mechanic starve and then the automated systems make neither corn nor tractor while the capital owner wonders why no one is buying.

I don't think your math works out. If a tractor is worth more in the market than the corn then the mechanic is better off to sell the tractor and buy corn in the market than trade with the farmer, and vice versa if the corn is worth more in the market than the tractor. Making the trade only makes sense if the tractor and the corn have the same market value, but in that case they could both just as easily sell to the market rather than bartering.

Automation is only a problem when it lowers the price of the things you're selling but not the price of the things you're buying.

Re:Outsourced Jobs Are No Longer Cheap, So They're Being Aut... by rtpg on Thursday October 09, 2014 @04:36AM (#8431346)
I don't see how automation of growing corn will make iPhones cheaper.