Thought for the Day
1st June 2019
You will note that the higher the component of human labor, the higher the real price increases. Fields that have experienced low automation and therefore low increased productivity are the worst culprits; people are less efficient than machines. Once the logjam breaks and somebody figures out how to apply automation effectively to education and health care, things will get much better very quickly. Until then, we’re stuck doing it The Old Way, which sucks.