For expertise to have market value it must satisfy two conditions: it must produce a service people value (data science, not card tricks) and it must be scarce, because if everyone is expert no one is expert and the skill won't pay; automation threatens wages not by eliminating the need for a skill but by making the machine able to do it cheaper and faster, devaluing the human skill.
causalpending
Speaker
David AutorEvidence Quote
“if everyone is expert, no one is expert. Uh, it just won't pay very much.”
Created: 6/18/2026, 2:32:24 PM
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