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Great points!

The only thing I'd add: I don't think the responsibility for lack of automation is solely on these other industries. To develop this kind of automation, they need funds and IT experts, but (i) they don't have funds, especially in the US, since they aren't as well funded as IT industry, (ii) for the IT industry this kind of automation is boring, they prefer working on AI.

In my view, the overall issue is that capitalism is prone to herding and hype, and resulting suboptimal collective decision-making.



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