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monssooontoday at 1:10 PM0 repliesview on HN

It may lead to less demand for things like sewing machines which in turn may lead to less competition to less productivity, the producers innovating less, less GDP less happy people... Where have we seen this type of thinking before... In socialist States... I agree... But how do we create supply and demand? Letting China produce cheaply and open our boarders for a couple of decades, maybe... Maybe we are in a doom loop where we need a poorer generation or two before people turn around... It is interesting times. The most interesting is how people view the same things completely opposite. Some are super happy about the trend others super frustrated... Imho it is a part of the great reset and the big debt cycle. Maybe an attempt to soften the blow?!