When people are saying "robots will take our jobs! We're doomed!", they're implying "productivity gains will make us poorer!"
quite an an extraordinary claim, since basic economics preclude this from happening (unless in a monopoly situation).
-
-
But I fail to see the extraordinary evidence required to back it. A cursory glance at the methodology shows that
-
both productivity and "real wages" metrics used are completely flawed
- Show replies
New conversation -
-
-
I’m sorry the data is inconsistent with your econ textbook.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.