The unemployment of electricians and carpenters is permanent? On a long-enough timescale, where we have much more advanced robotics, probably. Not in the near or medium-term.
The fucked up resource allocation is itself an indicator of wealth inequality. A generation ago growing companies had to go public to access funding. Now they can find all the capital they need in private markets.
The fucked up resource allocation is itself an indicator of wealth inequality. A generation ago growing companies had to go public to access funding. Now they can find all the capital they need in private markets.