http://cgervasi.com/blog/?p=56 Thoughts on Electronics and Technology Mon, 06 May 2013 20:16:17 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://cgervasi.com/blog/?p=56&cpage=1#comment-202 Cherish Fri, 18 Mar 2011 03:44:50 +0000 http://cgervasi.com/blog/?p=56#comment-202 The down side to this is the expectation that a select number of people will still continue to work 40 hour weeks while the rest will be unemployed. The advent of technology hasn't reduced the working time for all of us: it has stayed the same for some of us, while the rest become under or unemployed. Ironically, those who are working have had huge losses in free-time as industrialization and technology have progressed. This has a pretty negative implication for economic policy...and it's going to continue to get worse. The down side to this is the expectation that a select number of people will still continue to work 40 hour weeks while the rest will be unemployed. The advent of technology hasn’t reduced the working time for all of us: it has stayed the same for some of us, while the rest become under or unemployed. Ironically, those who are working have had huge losses in free-time as industrialization and technology have progressed. This has a pretty negative implication for economic policy…and it’s going to continue to get worse.

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