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Comment by daedrdev

4 days ago

The vast majority of US auto jobs have already been lost to automation yet I don't hear you asking for those to come back in exchange for twice as expensive cars.

This is these companies own fault. These companies have grown cozy rent seeking with little competition and have completely missed the electrification of cars as a result. Cheaper cars will hurt those workers, but all of society will be better off when one of their largest expenses decreases.

Nothing gets cheaper. The bullwhip effect everyone kept evangelizing never happened. Between the housing crisis and the covid stimulus I’m not sure why anyone ever expected things to get cheaper, or expects it today.