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re: The Great Stagnation
Posted on 6/10/14 at 12:03 pm to Broke
Posted on 6/10/14 at 12:03 pm to Broke
I read a book (forced to, not voluntarily) with a similar premise for an economics class (or finance, I forget which) back in college.
That was....ahem....a few years ago.
Same conclusions were drawn back then. We seemed to have done okay since then.
That was....ahem....a few years ago.
Same conclusions were drawn back then. We seemed to have done okay since then.
2
Posted on 6/10/14 at 12:19 pm to LSURussian
quote:
Same conclusions were drawn back then. We seemed to have done okay since then.
Ya, while there may come a time when automation eventually does "take over," it is not any time soon. At present, it seems to be that tech advancement is replacing people in one place, but spawning off new technologies that do require workers. Those techs eventually get more automated and replace those workers, but then we have another new tech, and so on.
I think that continues for some time.
Posted on 6/10/14 at 2:54 pm to LSURussian
quote:
I read a book (forced to, not voluntarily) with a similar premise for an economics class (or finance, I forget which) back in college.
That was....ahem....a few years ago.
Same conclusions were drawn back then. We seemed to have done okay since then.
I haven't actually read it yet. That's why I was asking. I like to see other's opinions and then draw my conclusions after reading.
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