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Agatha Christie could afford a maid and a nanny but not a car

fullstackeconomics.com

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Re: Agatha Christie could afford a maid and a nanny but not a car

#11
post #4

The article is good, but the comparison to cars might not be exactly apt. You might ask why can J.K.Rowling afford a maid and a nanny but not a Falcon X rocket today. Perhaps her great grand children will.

The Model T was released over a decade prior to the point mentioned in the article. Sure cars weren't the staple of American life they are today, but they were definitely accessible to the well-off people of the time.

Re: Agatha Christie could afford a maid and a nanny but not a car

#13
post #6
post #5

"Even if someone managed to invent a robot nanny that kept kids safe as well as a human being, I wouldn’t want it to take care of my baby. I bet you wouldn’t either." This glosses over the purpose of child care -- it's more than safety, it's socialization, learning, etc. In a world where some level of automation (or offshoring) is possible for these services, I could definitely see some adoption. Think "Diamond Age."

I always feltin Diamond Age they were basically describing the iPad. We have that now but it's still not quite there. Maybe it's not personalized enough or comprehensive enough?

Well, it's describing the iPad... with off-shored real-time tutoring providing most of the value. Even for the niche that can afford that (which should be larger than the niche that can afford in-person tutoring), I'm not aware of any services.

Re: Agatha Christie could afford a maid and a nanny but not a car

#15
post #12

Things got cheaper because they are being made where wages are cheaper. At the end of the day, everything that is a expense to me is a source of income to somebody else. Only robots don't get paid.

> Only robots don't get paid.

Their owners do, though. (And their makers.)

Re: Agatha Christie could afford a maid and a nanny but not a car

#16
Agatha Christie's quote is well-known but the exact same situation still holds today in many countries. Here in Viet Nam it is extremely common for middle income families to have a maid or nanny (or both) but not a car. The cars themselves are quite expensive. A Honda Civic is $33,000 by itself whereas a nanny (6-days a week, 10 hours a day) is $400-500/month and a maid who works 9 hours a week, i.e. 3 days a week, 3 hours each time) is $90-100/month.

So a single car not very expensive car costs the same as 5 years of a full-time nanny and part-time maid.

And that's without figuring in all the extra costs of a car, especially parking. There's not really free parking most places here. So you'll be paying for parking literally everywhere you go.

Even worse, most houses (unless they are luxury houses >$500,000 built in the last 5ish years) aren't built with a garage for a car, so you're looking at buying land, smashing down the existing structure, and then rebuilding something with a garage. And the space for a garage isn't cheap either. If you're a middle income family you're probably living in one of the capital cities and most people would probably be shocked at how expensive land is in the capital cities nowadays.

[1]: https://www.honda.com.vn/o-to/san-pham/honda-civic/index.htm...

Re: Agatha Christie could afford a maid and a nanny but not a car

#17
post #5

"Even if someone managed to invent a robot nanny that kept kids safe as well as a human being, I wouldn’t want it to take care of my baby. I bet you wouldn’t either." This glosses over the purpose of child care -- it's more than safety, it's socialization, learning, etc. In a world where some level of automation (or offshoring) is possible for these services, I could definitely see some adoption. Think "Diamond Age."

Parents have been using televisions to raise their children for several generations already.

Re: Agatha Christie could afford a maid and a nanny but not a car

#18
This is why I consider the shift in spending from services to goods somewhat of a good thing.

Low productive services have at least a few shades of exploitation, inherently. The less the richest person can afford of the poorest's time, the better!

Re: Agatha Christie could afford a maid and a nanny but not a car

#19
post #12

Things got cheaper because they are being made where wages are cheaper. At the end of the day, everything that is a expense to me is a source of income to somebody else. Only robots don't get paid.

Is it impossible to believe that someone harvesting corn with a combine would be able to sell it for cheaper than if they had harvested it by hand?
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