>The facts show that just like the amount of labor is not fixed, neither is the size of the economy (fixed pie fallacy) and as more work is done, the economy grows
Your reply is a glib thought-terminating cliche strawman that doesn't address their point at all. Interesting!
But a jobs worth of GDP was lost due to the lost consumption. Harder to measure for 1 person but imagine 100k people suddenly left a city. That would be felt somewhere. Dry cleaners, cafe, supermarkets etc.
This might be less true if there is resource starvation but we have transport and imports and exports. You can accomodate more people and feed them.
There are not enough qualified people in any particular country for all the possible new technologies that could be deployed. You're not likely to hire your plumber to program a webapp.
That doesn't mean your plumber isn't qualified—just that people looking for webapps want to hire workers who know how to make them.
So many computer science grads can't find work many have left the field. I don't think we will run out of workers.
There is the other side plenty of workers successful at programming language could be trained to fill any gap. That's what happened in the 50s and 60s..
This is called the "lump of labour" fallacy:
https://en.wikipedia.org/wiki/Lump_of_labour_fallacy
So the job market doesn't exist? Interesting!
To be clear, their point is:
>The facts show that just like the amount of labor is not fixed, neither is the size of the economy (fixed pie fallacy) and as more work is done, the economy grows
Your reply is a glib thought-terminating cliche strawman that doesn't address their point at all. Interesting!
But a jobs worth of GDP was lost due to the lost consumption. Harder to measure for 1 person but imagine 100k people suddenly left a city. That would be felt somewhere. Dry cleaners, cafe, supermarkets etc.
This might be less true if there is resource starvation but we have transport and imports and exports. You can accomodate more people and feed them.
There are not enough qualified people in any particular country for all the possible new technologies that could be deployed. You're not likely to hire your plumber to program a webapp.
That doesn't mean your plumber isn't qualified—just that people looking for webapps want to hire workers who know how to make them.
So many computer science grads can't find work many have left the field. I don't think we will run out of workers.
There is the other side plenty of workers successful at programming language could be trained to fill any gap. That's what happened in the 50s and 60s..
lol cs grads can’t do this work
Companies also struggle to hire. It is a skills matching issue.
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Writing web apps is not the most skilled of jobs. Despite what some egos would have tou believe.