You keep thinking about the long term but have you considered that these brand new technologies aren't widely implemented yet? I bet you would think that it's a good idea to get a job working with computers but in the 1970s there weren't many about. If you need some help to work all this out, I can tell you a story about this guy called Robert Wayne or something.

[–] yogthos@lemmy.ml -1 points 2 years ago

This is a great example of how real progress happens outside capitalist relations. Developing something genuinely new takes a lot of false starts, and it's hard to predict when it's going to become profitable. No capitalist wants to invest money into an idea indefinitely without knowing whether they're going to get a return on it. This can only be done at state level when technological advancement is pursued outside the profit motive.