That’s fun to say but not really a reflection of reality, factories full of machine operators don’t exist like they used to - my parents talk about what would be like when the local factory day ended and everyone would flood the streets, fill the bars and everyone would be in their overalls… They actually still make the same product in a slightly different location, only about fifty people work there but they produce far more units.
It’s the same in every industry, and all the extra profits are going into the pockets of the owners who live increasingly luxurious lifestyles. If the huge efficiency gains we’ve seen in recent decades were used to benefit society then we’d be living far better lives, but they’re being used to buy absurdly over priced art to hang in super yachts and show off to their rich buddies.
That’s fun to say but not really a reflection of reality, factories full of machine operators don’t exist like they used to - my parents talk about what would be like when the local factory day ended and everyone would flood the streets, fill the bars and everyone would be in their overalls… They actually still make the same product in a slightly different location, only about fifty people work there but they produce far more units.
It’s the same in every industry, and all the extra profits are going into the pockets of the owners who live increasingly luxurious lifestyles. If the huge efficiency gains we’ve seen in recent decades were used to benefit society then we’d be living far better lives, but they’re being used to buy absurdly over priced art to hang in super yachts and show off to their rich buddies.