Because we’re going up the value chain. The productivity of the information worker is far beyond that of a manufacturing worker; the problem with greater efficiency is that you need fewer workers to produce the same output.

Eventually, this catches up with us, and we have to move into a Guaranteed Job Benefit or a UBI, since the only people who will be able to earn above average income (excepting business owners) will be people with STEM degrees, and the number of people with the aptitude to get them will not be growing at a fast rate.

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Data Driven Econophile. Muslim, USA born. Been “woke” 2x: 1st, when I realized the world isn’t fair; 2nd, when I realized the “woke” people are full of shit.

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