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This is what Andrew Yang noticed while working to build out startup ecosystem in Rust Belt: tech will always generate order of magnitude fewer jobs (mostly for high skill workers)than industrial era enterprises, leaving less educated folks out in the coldhttps://twitter.com/paulg/status/1161483728574722053 …
There's a mistake in your reasoning. Doing a task with fewer people means fewer jobs if the total amount done is capped, but it's not.
I agree with that, Paul. However it's also true that most jobs address less and less important needs. And that we dedicate percentually more and more jobs on competing, rather than serving those needs. Sometimes I wonder: are we "overengineering" the world?
But when at the core business is a device to automate cognitive labor at essentially zero marginal cos....
Above api work isn't capped, below api it is definetly capped. Educated elite win, the median person loses
That’s simply a factor of the design of recent tech tools. Tools could be designed to give a far larger range of people access to the power of technology (see Excel as good example of this)
It's not about can we create more work. It's can we make sure people don't have to work for a living...
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