When fluoride water was invented it was 'terrible' for the dental business because fewer cavities resulted in less work for dentists; when electricity was invented it was 'terrible' for candle makers; these are not examples of unfair competition but of technological progress that benefits consumers
normativepending
Speaker
Lawrence SummersEvidence Quote
“was it unfair to dentists when fluoride water got invented? It was terrible for the dental business. Terrible. Far fewer cavities.”
Source
Tariffs, Decline, and the Promise of AI | A Conversation with Larry Summers and Niall Ferguson— University of Austin (UATX)Created: 8/11/2026, 6:36:04 AM
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