Ironic twist.

Ever since the advent of the industrial revolution fears have been expressed about people being displaced by machines in the production of goods and services.
Computers and automation were supposed to place all manner of folks into the ranks of the unemployed, looking for a crust to eat.
Our present reality is that the provision of goods and services is being curtailed by labor shortages, likely due to massive injections of money into the consumer economy due to the pandemic.
So, it is quite possible that labor shortages will spur on the feared automation without the labor surplus predicted by conventional 'wisdom'.

Comments

Popular posts from this blog

I have a hunch

Metaphysical speculation

Smelly cities