5min chapter

"Hexapodia" Is the Key Insight: by Noah Smith & Brad DeLong cover image

Hexapodia XLIX: We Cannot Tell in Advance Which Technologies Are Labor-Augmenting & Which Are Labor-Replacing

"Hexapodia" Is the Key Insight: by Noah Smith & Brad DeLong

CHAPTER

The Importance of Technology in the Workplace

Technology gives people more freedom or creativity more power to do the boring path that were parts of their job much more quickly so they can do the interesting parts. And building technologies you know Titan bolt number five on this particular wheel well assembly as it comes past you on the assembly lot. Walmart giving its store under managers access to what things are selling like hotcakes in demographically similar stores near you. Would be a plus, but using the same database for someone at head for a team at headquarters to run some linear programming program and say this is what every single Walmart should be ordering would presumably be a less good use of this technology.

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