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" ... Despite numerous rounds of automation (mostly mechanisation so far) humans have not been ejected from the workplace, and many developed economies are close to full employment. This is because of the complementary force, which has three effects: the productivity effect, the bigger pie effect, and the changing pie effect. ... "
" ... Further, mechanisation requires larger landholdings. There's no point someone with 2 hectares having a $200,000 combine harvester. The bloke with 3,000 acres of wheat might well use two such combines. But it's exactly that mechanisation, led by the economies of scale available in farming, that improve living standards. ... "
" ... The widespread adoption of water mills on a scale never seen in Roman times led not only to a wider range of uses for water power, but an increase in other forms of mechanisation. The windmill was a Medieval European innovation and both wind and water mills were not just used for grinding flour but also fuilling cloth, making leather and driving bellows and trip-hammers. These last two innovations led to the production of steel on a semi-industrial scale and, along with the Medieval invention of the blast furnace and development of cast iron, advanced Medieval metal technology well beyond that of the Romans.. ... "
" ... This part of the reasoning is simply an irrelevance. Digitisation no more means that we should have a universal income than the decline of agricultural employment did. If you'll recall we moved something like 30 percent (for the UK) and 50% (for the US) of the population out of agriculture and into something else (either manufactures or services, obviously) in the 20th century. That we now take photos with 13 people instead of 140,000 no more implies a basic income than the mechanisation of agriculture did. ... "