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It begs the question, if a company making $10M PA reduces its workforce from 100 to 50 via automation, how does that affect society? The company's wage bill drops but it has a (temporary) cost for automation. Once the automation is paid off, the company has increased profit. Shouldn't...

I think the economy overall is in for a rough ride ahead. Dutch Disease has meant that our manufacturing sector has shrunk to near nothing. Governments have increased spending to match the bountiful income from the mining boom rather than squirreling some away. Increases in job creation have...