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myrmidon • yesterday at 6:38 PM • 1 reply • view on HN

If you can capture a significant fraction of the gains made by automating lots of white-collar work, then those billions/trillions look more reasonable.

"Correct" investment volume towards early industrialization might have looked just as unreasonable without the benefit of hindsight.


Replies

doctorwho42 • yesterday at 7:01 PM

How exactly is capturing 75% of white collar work not collapse western capitalism?