kaal:claim:6607458-019
As computative systems substitute for cognitive labor across expanding domains, the scarcity assumption on which wage theory rests fails across a widening frontier, and the substitution is qualitative as well as quantitative.
Source quote, verbatim
As computative systems substitute for cognitive labor across expanding domains, the scarcity assumption on which wage theory rests fails across a widening frontier. The substitution is not merely quantitative.
From
Wulf A. Kaal, Computative Economics A Framework for Economic Analysis under Computational Abundance (2026), V. Three Dissolution Mechanisms, p. 15
https://ssrn.com/abstract=6607458 · source PDF
Cite as
Wulf A. Kaal, Computative Economics A Framework for Economic Analysis under Computational Abundance (2026). SSRN: https://ssrn.com/abstract=6607458
Holds when
Classification
failuresupport: arguedfailure: Wage Theory Foundation Failurefamily: human-judgment-displacementeconomics
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