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Lump of Labor Fallacy

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The mistaken belief that there is a fixed amount of work to be done, and that new technology simply displaces workers without creating new opportunities.

Videos Mentioning Lump of Labor Fallacy

Trump: Send National Guard to SF, China Rare Earths Trade War, AI's PR Crisis

Trump: Send National Guard to SF, China Rare Earths Trade War, AI's PR Crisis

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The mistaken belief that there is a fixed amount of work to be done, and that new technology simply displaces workers without creating new opportunities.