[epicureanideal]

> Baumol effects might have raised wages a bit, sure. How could the relative positions of these workers not fall as all these tech-enabled and scale-enabled neighbors come on to the scene?

Supply and demand? If the population of hairdressers was small, so they could charge more and more, then their wages could keep up as a percentage. And that would be possible if for example so many people moved into high productivity work that only a small percentage remained in low automation work. But if you have a constant influx of new hairdressers or a constant influx of people willing to do low automation work, that doesn’t happen.

[closeparen]

That’s the Baumol effect. The rising tide does lift all boats to an extent, but not the same extent.

[epicureanideal]

I agree, I’m just saying the extent is influenced heavily by the increasing availability of workers at the lower end of the automation distribution.