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convexfunction | 3 years ago
Roughly everyone who makes money has the same job, which is creating value in expectation for someone else. (Whether that activity is net good for society is a different question, I lean toward usually yes for stuff you can do legally, not always though). If you find yourself suddenly unable to give anyone a competitive deal on whatever expected value you know how to create, because of technological developments or otherwise, well, you'd better figure out what you need to change about what you're offering so you can. I wouldn't call this fair, exactly -- maybe it would be if you or your government had effective "technological unemployment insurance" -- but I struggle to imagine any substantially different state of affairs that's clearly better for the world. (No points for saying "imagine communism then".)
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