thought-provoking đź’ˇ
If you Google the definition of “comparative advantage”, you might find it defined as “a situation in which an individual, business or country can produce a good or service at a lower opportunity cost than another producer.” This is a good definition.
Noah Smith • Plentiful, High-Paying Jobs in the Age of AI
This may have actually changed my mind about something pretty important. Very interesting take. I almost dismissed it immediately, too, which would have been a mistake.
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