Carolcharles026

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thinking about whether or not it is efficient to use a machine to automate a task, what matters is not only how productive that machine is relative to the human alternative, but also how expensive it is relative to the human alternative. If labor is very cheap in a particular place, it may not make economic sense to use a pricey machine, even if that machine turns out to be very productive indeed.
A World Without Work: Technology, Automation, and How We Should Respond
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