undefined | Better HN

0 pointstonyedgecombe6y ago0 comments

That will probably mean some industries would disappear, if they can't innovate their way out of their externalities.

0 comments

The same way other inefficient industries disappear when they are outcompeted.

We see bank tellers replaced with ATMs because ATMs are cheaper. Humans are adaptable, if done gradually over time it'll probably be fine.

j / k navigate · click thread line to collapse

0 pointstonyedgecombe6y ago0 comments

That will probably mean some industries would disappear, if they can't innovate their way out of their externalities.

The same way other inefficient industries disappear when they are outcompeted.

We see bank tellers replaced with ATMs because ATMs are cheaper. Humans are adaptable, if done gradually over time it'll probably be fine.

j / k navigate · click thread line to collapse