[Isamu]

>explains the otherwise perplexing fact that laborsaving machinery fails to benefit workers

I disagree, the reason why workers don’t benefit is because they are mostly paid to put hours in. Owners claim the gains of better machinery because they reason it is a capital investment at the business level.

Really I don’t see why see why this is perplexing. What is really perplexing is that some economists thought that productivity gains would somehow accrue gains for workers.

[llamaimperative]

You say this isn't perplexing while commenting on an article by one of the most important people in industry repeating exactly this fallacy?

HN is full of people who happily and earnestly propagate this "obvious" falsehood.