AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
1min snip
Energy economics and rocket science with Casey Handmer
Complex Systems with Patrick McKenzie (patio11)
From Labor to Automation: The Evolution of Production Efficiency
The evolution of manufacturing technology has dramatically decreased the cost and labor needed for production across various industries. Historical examples illustrate this shift, such as the cost of mass-producing automobiles, which fell from $12,000 to about $200 over two decades. Similarly, the labor required to produce bronze artifacts, like swords, has plummeted from 20 to 100 days to just three hours in today's economy. Textiles also showcase this transformation; garments that once required 3,000 hours of labor can now be acquired for less than the price of a cheeseburger. Although modern products may lack durability compared to traditional items, the efficiency of contemporary industrial processes allows for mass production and accessibility that was previously unimaginable.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode