The Bactra Review The Weightless
World
When a commodity is easily produced and distributed in large quantities, it
becomes very cheap, i.e., its value declines; and this is precisely what is
happening to information. Worse: information-processing getting exponentially
cheaper over time, due (among other things) to Moore's Law. It becomes
cost-effective to replace larger and larger categories of human
information-processors with machines, even if it has to be done in a
brute-force-and-massive-ignorance way. Electronic ``computing machines'' were
invented to do precisely this, to replace human ``computers'' in doing
numerical calculations; they were so effective that the profession has
completely disappeared. The tasks of manipulating data-bases and texts, both
of which people are quite bad at, were the next ones to fall. These three
remain the real killer apps of computation, but of course more and more skills
are getting automated every year; think of animation and type-setting. If this
trend continues, human symbol-processing will become as archaic as
hand-weaving, and human symbol-processors, whether in Manhattan or Bangalore,
as employable as weavers. Coyle quotes this (entirely correct) argument of
Krugman's, but doesn't take it up.