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AI, Software, and White-Collar Jobs
"Econ 102" with Noah Smith and Erik Torenberg
Shift Focus from Jobs to Value
Projects that create jobs without delivering valuable outcomes undermine public trust and the legitimacy of progressive initiatives. The California High Speed Rail, despite its job creation, presents as a failure due to being over budget and off schedule, with the primary benefits located away from essential population centers. This reflects a misguided strategy where job quantity is prioritized over genuine productivity and utility. Emphasizing the need for tangible results and valuable infrastructure over mere job statistics can restore credibility and effectiveness in progressive policies.
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