The demand for the work some of those people were doing only existed because of fantasy estimates of the value of a market.
When that fantasy evaporates, people face hardship.
Worker efficiency makes that more likely, not less.
The real question is if 10 years of fantasy chasing growth followed by a year or two of reality, is better or worse than constant hardship where we never allow the fantasy of chasing growth.
When that fantasy evaporates, people face hardship.
Worker efficiency makes that more likely, not less.
The real question is if 10 years of fantasy chasing growth followed by a year or two of reality, is better or worse than constant hardship where we never allow the fantasy of chasing growth.