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> My time is now worth twice as much as it was,

no. your time is now worth half as much as it once was. the tool is what brings the increase in value, not you nor your time.

the owner can now replace you with someone who costs half as much and is half as efficent and get the same result as before the new tool was brought in. even with this decrease in time efficiency, the cheaper less efficient worker has the same value as you did before.

so lets say the owner still wants to increase efficiency but cut costs. ok, they fire you and hire someone else for 75% of your wage and 75% of your efficiency. the owner can still make the same amount of widgets as before in less time and for less cost.

your value has decreased, not increased.



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