Comment by hintymad
2 hours ago
Jevon's Paradox does not last forever in a single sector, right? Take manufacturing business for example. We can make more and more stuff with increasingly lower price, yet we ended up outsourcing our manufacturing and the entire sector withered. Manufacturing also gets less lucrative over the years, which means there has been less and less demand of labor.
> yet we ended up outsource our factories and the entire sector withered.
hmm outsourcing doesn't contradict Jevon's paradox ?
You're right. I updated it to "in a single sector". The context is about the future demand of software engineers, hence I was wondering if it would be possible that we wouldn't have enough demand for such profession, despite that the entire society will benefit for the dropping unit cost and probably invented a lot of different demand in other fields.