but I suspect that the people working in the TV factory do not find that the TVs are cheaper than finding a local plasterer
I wonder whether this is true of Tesla factories in the USA? If you have a very badly wrecked Tesla with some valuable salvageable parts, would it be cheaper to buy a new Tesla or to pay someone to replace the 80% of parts that need replacing.
I suspect the new one would be cheaper.
Automation and economies of scale matter, not just labour costs.
He does have his head up his ass, so I wouldn't be surprised [1]. However, he doesn't really say anything close enough in either of the articles you linked.
[1] FFS, he really implies day care is expensive because regulation is preventing "technology [from] whipping through" the sector like it has in TV manufacturing. I don't want to live in his nightmare fantasy.
But in the spirit of deregulation and techno-utopianism, here's an idea to use technology to slash day care prices that's held back by evil government regulation: lock kids in padded rooms while their parents work. Maybe stick a TV on the wall playing Cocomelon. It requires no labor for supervision, and the kids can't get hurt because the room is padded. That's a "technological innovation" that will "push down prices while increasing quality," for certain definitions of "quality."
Some people use git worktrees so each agent is working in a separate directory.
Some people have multiple agents working in the same directory, and allow the agents to tell each other what they're doing and which files they're editing: https://github.com/Dicklesworthstone/mcp_agent_mail
What a great comparison; I've never thought of it this way. It's obviously not perfect since the automation is so temperamental shall we say, but this does give me more empathy for the countless workers whose jobs have been re-natured by technology.
There’s many praises to sing about efficiency, (and I don’t take your 1 liner as a position against it). That said, efficiency, job creation, and underemployment overlap quite a bit.
There’s far more scientists, programmers, and doctors today than farmers and stablehands.
At the same time, people who lost manufacturing jobs to automation and outsourcing, did not get jobs with equivalent pay and growth.
Human brains do not get retrained very easily, and so every technological revolution is a boon to those who grasp it, and a challenge for those who invested their time in skills no longer in demand.
It's a good comment but I think to make something intuitive you really need to understand why something exists and I think for most people there just isn't in fact a good reason.
If you know it, it's easy to use, so why not? But if you don't, whatever method you come up with to track account balances and revenues vs. expenses is going to be useful enough. For individuals not accounting for receivables, debts, depreciation properly isn't likely to make a big difference.
That was my thinking reading this. You need the basics but I would assume the main motivation is to look at a company's financial statement and at least recognize a lot of the language and the significance of the relationships. Of course there are going to be a lot of subtleties but the statement shouldn't be seen as being written in an ancient language.
When I played an anamorphic PAL DVD on a 4:3 CRT, the picture would look vertically stretched until I pressed the 'aspect ratio' button on the TV.
This would correct the display, but how did it do it? Was it by drawing the same number of scanlines, but reducing the vertical distance between each line?
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