5min chapter

From the New World cover image

Byrne Hobart: Over- and Under-Correction in Tech

From the New World

CHAPTER

The Duality of Industrialization and the Social Problems

I think that people kind of like there is this dual thing of like okay and throughout these historical phase changes. Most farmers are much better off than they were, you know, like 50 hundred years ago. Same is true for almost everyone in at least developed Western countries. I'm not sure the kind of like base rate prediction here is going to be that far off. But it does cause some level of loss of trust and it also causes some level of economic hardship among the people who are losing their jobs.

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