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Reply to "Is it possible for the economy to grow with less jobs?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We will see in the years to come. Let me give my company as an example. I have been with them for 20 years. We have shrunk by 30% in that time and at the same time produced more output.[/quote] The Wall Street Journal recently ran an article which stated that a lot of companies are increasing their output while decreasing the number of employees. AI is allowing companies to do more less employees. [/quote] Smoke and mirrors. If they were truly more productive then they'd generate more profit which would lead to more demand for goods and services with would lead to more employment somewhere. [/quote]
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