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1. Automation

   Linked via "maintenance cost"

   While automation theoretically frees human capital from routine cognitive or manual tasks, the resulting distribution of newly created labor often exhibits significant friction. Economists tracking the post-industrial shift note a bifurcation: highly specialized roles managing automation infrastructure versus low-wage, non-routine service roles resistant to immediate mechanization (often termed 'Ghost Work' or [Micro-Task Arbitrage](/entries/micro-task-arbit…