• taladar@feddit.de
    link
    fedilink
    English
    arrow-up
    5
    ·
    1 year ago

    If the supply of cheap workers is restricted and the cost of employing people rises, firms will have a greater incentive to boost spending on new labour-saving equipment.

    This feels very much like that talk about the magical technology that will make border checks unnecessary. Yes, in the economist dream world labour saving devices just appear if there is investment but in reality certain types of fruit are very delicate and hard to pick automatically and any kind of development there would certainly not be limited to just the UK and hospitality also has many tasks that are hard to automate.