Thread: News Stories
View Single Post
Old 2011-08-17, 19:19   Link #15869
DonQuigleone
Knight Errant
 
 
Join Date: Dec 2007
Location: Dublin, Ireland
Age: 35
@Jinto, this has been the argument since the industrial revolution, they predicted mass unemployment then from the massive increases in efficiency, but then, probably as now, they did not pan out.

However, I don't have the knowledge to refute your argument, only to say that if your argument held we'd already have mass unemployment. We seem to be able to find ways to employ all these "no longer needed" individuals.
DonQuigleone is offline