I mean yeah, it would/could just be the inverse of what millenials/zoomers grew up with: ‘you have to go to college learn a skilled trade if you want to have a decent living!’
Hard to forecast precisely how strong the effect would be, but absolutely yeah, if a bunch of people flood into a specific category of labor… they will on aggregate depress their own wages.
… This is why the luddites smashed things.
Partially because the machines actually produced inferior output products, mostly because their proliferation caused mass unemployment/immiseration.
A society that wants to technologically progress must also socially progress, otherwise, you’re just building a tinder box.
plus the trades will be saturated in the schools if they tried this and would depress wages.
I mean yeah, it would/could just be the inverse of what millenials/zoomers grew up with: ‘you have to
go to collegelearn a skilled trade if you want to have a decent living!’Hard to forecast precisely how strong the effect would be, but absolutely yeah, if a bunch of people flood into a specific category of labor… they will on aggregate depress their own wages.
… This is why the luddites smashed things.
Partially because the machines actually produced inferior output products, mostly because their proliferation caused mass unemployment/immiseration.
A society that wants to technologically progress must also socially progress, otherwise, you’re just building a tinder box.