We saw during Covid that many jobs are not needed. And we may be heading to energy lockdowns. Companies could lose a lot of valuation or just use the "AI is doing everything" excuse.
What jobs are "needed" by the economy is a function of who has the money. There's no measure of efficiency, or redundancy, that isn't relative to a specific distribution of wealth.
surfmike · · focus · HN ↗
Ambolia · · focus · HN ↗
vintermann · · focus · HN ↗
What jobs are "needed" by the economy is a function of who has the money. There's no measure of efficiency, or redundancy, that isn't relative to a specific distribution of wealth.
esikich · · focus · HN ↗
[deleted] · · focus · HN ↗
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