I actually agree that automation is a great way to become profitable.
I actually agree that automation is a great way to become profitable. I would suggest your modified statement (not enough labor at profitable prices) is true for every extinct industry. We probably could have produced an extra $1B of hand produced typewriters this year, but no one wants to make them by hand for $1 an hour and no one wants to buy them. Saying there is $3B of produce that could have been produced, ignores the fact that it would have been produced at a loss (after labor costs sufficient to incentivize workers) and there may not of even been a market for the over supply. If there is an actual unmet market need the price curve will move upward meaning employers can pay workers more to fulfill the unmet need. To me this looks like a lack of a market for $3B of produce...
Posted by maerF0x0 on Oct 3, 2018, 6:05 PM
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I have a 2022 mini that I use constantly.
NewTwo observation: 1.
NewCautiously optimistic for them.
NewI have two televisions - living room TV with an AppleTV and bedroom TV with some Roku device.
NewI hate that they claim the pricing like that.
NewEverything is too expensive for European bureaucrats.
NewYeah, the plan is far too expensive for what it provides.
Crashed demand after one of the big AI labs (probably Anthropic because they focus way too hard on expensive frontier models) become inso...
I actually agree that automation is a great way to become profitable.
I actually agree that automation is a great way to become profitable. I would suggest your modified statement (not enough labor at profitable prices) is true for every extinct industry. We probably could have produced an extra $1B of hand produced typewriters this year, but no one wants to make them by hand for $1 an hour and no one wants to buy them. Saying there is $3B of produce that could have been produced, ignores the fact that it would have been produced at a loss (after labor costs sufficient to incentivize workers) and there may not of even been a market for the over supply. If there is an actual unmet market need the price curve will move upward meaning employers can pay workers more to fulfill the unmet need. To me this looks like a lack of a market for $3B of produce...
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