Originally Posted by
GogglesPisano
Economics "out of whack?" What exactly does that mean? In my world (planet Earth) when the supply of labor decreases, wages increase. The barriers to entry decrease (airlines will find ab initio programs more cost-effective than they do now.)
Except that the barriers are being kept artificially high due to regulation.
Originally Posted by
GogglesPisano
Automation is on the way, but still 25-50 years from displacing pilots from 121 carriers.
I was mostly referring to 135
Originally Posted by
GogglesPisano
As a pilot (or doctor, lawyer, architect ...) you should actually want a shortage of labor in your field.
Yeah, if you're greedy and don't mind others being hurt for your benefit. But if you're a decent human being then you want the market to be as close to equilibrium as possible.