• context [fae/faer, fae/faer]@hexbear.netM
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    2 months ago

    ned ludd did nothing wrong. but that’s what i mean about jevons paradox, which is the observation that increasing the efficiency of using a resource can lead to increased aggregate demand. so if the marginal cost of software development goes down, there may paradoxically be an increase in aggregate market demand for software developers and tech workers.