Value of technology is unlocked incrementally so we will adapt and work with machines and automation
James Bessen wrote Learning by doing. Bessen returns to Marx’s 19th-century weavers to prove that as humans work with new technologies over the long term, they improve them and boost their own fortunes in the process. So, yes, when the power loom was invented, in 1785, it shifted weaving from farms to factories, instantly increasing …