That's the big flaw in the "X is eating Y" economic metaphor: eating and digestion are approximately zero-sum, economic efficiency is not.
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You see this effect in the software industry now, where "destroying jobs" with automation is what programmers do to themselves all day long.
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@paulbaumgart Many 'x is eating y' convos are about well-funded companies destroying small biz and eating their profits, not innovation. -
@uriahz I don't think those are mutually exclusive. Are you suggesting that we should consider the suffering businesses a "public good?" - 8 more replies
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@Awyee707 If history is any guide, demand will rise to compensate. - 3 more replies
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