Earlier quoted context omitted.
Hey Ryan! Have you ever done any reading on the Luddites? They weren't the anti technology, anti progress social force people think they were. They were highly skilled laborers who knew how to operate complex looms. When auto looms came along, factory owners decided they didn't want highly trained, knowledgeable workers they wanted highly disposable workers. The Luddites were happy to operate the new looms, they just…
But - the only reason anyone makes money (other than tax money) is because they're useful to someone else. Almost all of the clothing industry companies make money from large numbers of people buying their clothes. So they are useful to us. Similarly, the reason Europe put 30% of its populace "out of work" by industrialising agriculture is why we don't have to all go work in fields all day. It is a massive net positi…
Most of the time when it’s made it’s just papering over yer another situation where a surplus is being squeezed out of a transaction by a parasitic manager class using principal-agent problem dynamics.
The people who invented this stuff are always trying to tell you they’ve invented the cotton gin or something when in fact they’ve just come up with a clever way to take someone else’s work and exploit it.