alt Hacker News> Also the percentage of adults working has been dropping for a while.
There are lots of negative reasons for this that aren’t efficiency. Aging demographics. Poor education. Increasing complexity leaves people behind.
> Also the percentage of adults working has been dropping for a while.
There are lots of negative reasons for this that aren’t efficiency. Aging demographics. Poor education. Increasing complexity leaves people behind.
Efficiency is why things continue to work as fewer people work. Social programs, bank account, etc are just an abstraction you need a surplus or the only thing that changes is who starves.