'replace workers, lower costs, increase profits, and avoid being left behind by competitors. But when every firm does th...

'replace workers, lower costs, increase profits, and avoid being left behind by competitors. But when every firm does the same thing, they begin to undercut the economy on which they all depend by eliminating the wage income of the consumers who buy their products'#economics #animalSpirits #keynes #marx #ai #technologyhttps://www.unpopularfront.news/p/marx-keynes-and-ai