Viewing a single comment thread. View all comments

Artanthos t1_ivee32z wrote

  1. If 3rd world countries collapse, the availability of cheap labor increases. To the extent that society allows immigrants.
  2. Automation is already reducing reliance on cheap labor. This is especially true in agriculture and food services.

If anything, the wealthy will soon reach a point where they no longer need laborers. At least not at anything resembling today’s volume.

3