> It doesn't, this is just plain false. Most productivity gains happen by cutting value-add complexity or material quality. See IKEA chairs versus Shaker ones, or lycra clothes versus silk.
this is a popular misconception. IKEA made bad furniture more accessible. good quality furniture still exists and is more affordable (share of disposable income) now than in the past. its the same deal for watches, dryers, computers etc. if you don't trust me, use ChatGPT/Claude to verify this.
You think handcrafted furniture is more readily accessible to the average person now than say 30 years ago? When people are struggling to buy gas, nevermind homes?
And I asked Claude (Fable 5), and they said you're wrong. I'd paste it here, but it literally dumped a 10 paragraph rant about "Baumol's Cost Disease".