Employment's economic purpose is not solely about providing income for tax payment but producing goods to satisfy consumer needs. Industries like news reporting, copy editing, and coding are evolving with reduced roles due to technological advancements. The gradual change is evidenced by news outlets republishing standard articles, software development utilizing predictive tools, and automation reducing the need for certain job roles.
A reading and discussion based on Per Bylund's "The Economics of the AI Revolution" https://mises.org/mises-wire/economics-ai-revolution
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