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by entropi 29 days ago
But if they do the work for me, then my time is less valuable. If my time is less valuable, I won't pay more to save more of my time.
1 comments

On the contrary, your time becomes more valuable the more tasks you automate, as your productivity per unit of time goes up.

The time of a factory worker who runs machines producing 200000 widgets per hour is far more valuable than the time of a worker making 1 widget per hour by hand.

Yeah but the money I receive is almost completely decoupled from the value I create. In fact, this can only reduce the value of my time since now my expertise is perceived to be commodified.
Also not true. The factory worker is paid more than the worker making widgets by hand.

GDP per capita has a strong correlation with average wages. The more productive your economy, the more money the average person makes.

there has been a decoupling of productivity gains and wage increases for some time. Not completely disconnected yet but still