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Elon Musk· 2026-07-30 01:56
RT Brett Winton (@wintonARK)Time Magazine, February 24th 1961In the 5 years that followed the labor force grew by 6.4% and real wages grew by 9.9%.Some quotes:The number of jobs lost to more efficient machines is only part of the problem. What worries many job experts more is that automation may prevent the economy from creating enough new jobs.Many of the losses in factory jobs have been countered by an increase in the service industries or in office jobs. But automation is beginning to move in and elimina ...