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by mikea1
1122 days ago
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> Less jobs is not necessarily a good thing ? The rollout of the lightbulb significantly reduced the economic potential of candlemakers, but it improved the quality of life for society overall. So, whether technological advancement is a "good thing" depends on which group you are in: the one with obsolete skills or the one that benefits from cheaper and/or better goods and services. Either way, the overall economy benefits from creative destruction. [0] https://en.m.wikipedia.org/wiki/Creative_destruction |
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