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by protocolture
29 days ago
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>Ignoring for a second that net jobs and employment rates aren't really the same thing. Net Jobs can increase while their percentage of all jobs drops. These things aren't necessarily linked or related. There isnt really a built in expectation that banking for 10 million people needs 10 times less staff than banking for 100 million people. |
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If automation doesn’t cost jobs, then growing the population shouldn’t change the overall employment rate meaningfully.