In all industrial economies, the number of people working in the industry declines, even if the industrial output increases. You could maybe increase the people working in industry by 1–5% for some time, but then it moves to a downward trend again.
Labor-intensive industries are low-productivity industries. Even China has started outsourcing them after Chinese wages have grown.
Wealth generation is literally participating in rearranging atoms to improve lives.
Ask the rich, what do you want for Christmas? They'll answer no labor or minimum wage labor.
The best thing for the wealth extraction class is machines that work 24x7. The second best thing is nearly complete automation with minimum wage workers like at McDs. This is going to far worse for tech, because prompting llms can be done by any minimum wage worker anywere in the world.
If it ever does that, it will outperform even the best managers, economists and politicians. Yay for AGI, it can't come soon enough, people will be amazed by what they've been missing.
Since the US is blessed with nearly limitless natural resources, abundant land from sea to shining sea, and a large population ready and interested in working, it seems natural that we would try to make every single thing in this country that we are able. Many nations don't have that luxury.
this is the history of industrialisation of every single country (other than the UK, which was the first)
including the US
it was good when it was you doing it to others, but now it's bad when it's China doing it to you?
Not even the companies directly responsible for the sing-a-longs have surmised the analog commentary track is required to keep us animals glued to our signals. It’s all a C-suite shitshow.