logoalt Hacker News

oldjim798yesterday at 1:45 PM2 repliesview on HN

Because this is what capital has told us. Capital always wants to reduce the labour cost to $0.


Replies

aurareturnyesterday at 1:57 PM

If labor cost is close to $0, even more businesses that weren’t viable before would become viable.

Do you not see the logic?

show 2 replies
9rxyesterday at 2:30 PM

Zero labor cost should see the number of engineers trend towards infinity. The earlier comment suggested the opposite — that it would fall to just 1000 engineers. That would indicate that the cost of labor has skyrocketed.

show 1 reply