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cbdevidal 9 hours ago

Automations do create jobs, but fewer jobs. Businesses wouldn’t invest so much money if they had to keep the same number of workers. Automation necessarily reduces the number of humans working in aggregate at one task.

What DOES go up with automation is demand. Fewer farmers today than 100 years ago, but significantly more mouths to feed.

What also increases is new kinds of jobs; entirely new fields. The automobile shrank the number of buggy whip makers, but taxi drivers increased. Then the internet increased Uber drivers on top of taxi drivers.

dakolli 8 hours ago | parent [-]

This type of automation does not create jobs, and we are seeing that in jobs numbers. You're right it does reduce the amount of labour needed, hence why we are seeing equities rise why people's wages/opportunities shrink.

Get ready for french revolution v2, but global, the ruling class only exists because the working class tolerates them. This just won't work.