Automation being more profitable implies it’s more efficient (by the market’s measure of efficiency, which is the best measure anyone has come up with)
Not necessarily. RTO's policies are profitable but not efficient. Existing commercial anti-depressants are profitable but not efficient. Fuel oil is profitable but not efficient. I can go on but I hope you can get my point. The market is made up of humans who are not purely rational beings nor are they capable of thinking over too long periods of time.
netdevphoenix|4 months ago