Hacker News new | ask | show | jobs
by asdff 804 days ago
It will be interesting to see what of two possibilities happen: mass unemployment or simply more bullshit jobs and steady state employment. I imagine when computers hit the scene people had the same feelings about losing their accountants and human calculators and secretaries and what not, yet there is not a huge population of out of work people, people are doing different roles. You might even argue that while a total headcount per business might go down, it might be balanced by more businesses emerging. Considering the Fed's dual mandate they might opt to incentivize bullshit job growth over some great society reset to either mass unemployment or a basic income utopia.