Thread

1. Lord_Zero · 1791080334 · focus · HN ↗

   One thing rarely mentioned is what happens when all the white collar people lose their job and can no longer pay for expensive blue collar work?

   1. bpodgursky · 1791086649 · focus · HN ↗

      Well, in principle the economy scales to the labor constraint.

      Obviously there are practical limitations to how fast things can rearrange but there's no reason in principle you couldn't have an economy where everyone retrained into blue collar work, and all white collar job needs were handled by the magic internet box.

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