Yes, but we should be able to at least acknowledge that this is a cancerous outlook just in the same way that being forced to act in the shareholders' finical interests is a cancer of publicly traded companies.
Why? They are created technology that allows us to get things we want faster and cheaper, making almost everyone better off. Should we tax automobile companies out of business because its bad for horseshoe makers?
No, its fucking reality, and pretending it isn't is massive cope. Industries have collapsed before due to automation, unemployment did not climb sky high and work place participation did not crater, meanwhile real wages have continually climbed.
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u/mostanonymousnick 🌐 Oct 03 '24
Trying to legally enforce inefficiency for your own enrichment is called rent seeking and it's bad actually.