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by pas 119 days ago
they increase productivity, which is one of the most important part of the real economy, separates a lot of grueling manual labor while starving (so the Malthusian state) from having so much economic surplus that we have the opposite of starving in advanced economies.

https://www.nber.org/system/files/working_papers/w26371/w263...

the finding is that on average, target firms add jobs and see improved labor productivity