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by visarga 336 days ago
> The counterintuitive part of automation is that it removes parts of the economy rather than making the economy bigger

So you believe in zero sum economy? I think new capabilities lead to demand expansion, they mobilize latent demand that was sleeping. There is no limit to desires, not even AI automation could outrun them.

1 comments

Nails are not zero sum. You can get a bunch of nails without limiting how many nails I have.

Social status is zero sum and as more of the economy gets automated that becomes all that is left that is scarce