sola@aussie.zone 1 week ago
Coincidentally I asked Gemmi yesterday to give some modern economic theories where productivity can increase without suppressing wages. It couldn’t!
In some ways expectations are probably too high as post world war low inequality appears to be a historical anomaly and nothing we are going back too as currently countries are competitive for capital and not cooperative enough to stop capital following exploitation.
Lodespawn@aussie.zone 1 week ago
I just asked copilot to do the same thing and it listed classical and neo-classical groth theories and the solow growth model …
sola@aussie.zone 1 week ago
I only got the Efficient Wage Theory for Gemini 2.5 pro and from the description I wasn’t convinced of it’s application to reality.
Lodespawn@aussie.zone 1 week ago
I wonder if a lot of research on this topic is locked behind journal paywalls so the various AI struggle with it. That said AI firms seem to have no aversion to pirating things.
Lodespawn@aussie.zone 1 week ago
Also Efficient Wage Theory, Endogenous Growth Theory, Post Keynesian Wage-Led Growth Models, Institutional Economics and Monopsony Models with Policy Intervention