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RE: TECHNOLOGY.... the cause of unemployment
A work that will take up to 20 men to do in three days will take a machine to acomplish in three hours.This statement is true for EXISTING tasks. But human beings are capable of adapting and creativity that no automation can compete with. It is why AI is such a big deal. Those in power know what they are foregoing with automation. As I explain, they have other concerns.
Underemployment ORIGINATES in the minds of the country club posses of their deep seated fears and power struggles amongst themselves than of capitalism.
It is a shame that the internet and tech revolution has not empowered individuals more. Like the American idea of every citizen's right to keep and bear arms, not enough of us (Millennials included) have been able to come together to network.
My hope is that society will change to realize the value of individual contributions to global economics. It is more likely that we will need to network like crypto entrepreneurs to survive. God bless.