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Comment scale of economics (Score 1) 1457

I would think there's a limit to the number of workers you can put out via outsourcing/replacing with automation before the economy would collapse due to the number of people who can't afford to buy anything. Say at some point 80%+ of IT jobs (and/or any other major industry) in a country are offshored, and 80% of all fast food/convinience store/grocery store transactions are handled via automation. You'd end up with so much unemployed/unpaid people, that the ones who still had jobs wouldn't be able to support the economy...

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