By Edo Segal
The profit margin that haunts me is not mine. It belongs to a Welsh cotton mill owner who died in 1858.
Sixty thousand pounds. That is what Robert Owen earned at New Lanark between 1799 and 1813 — while cutting hours, raising wages, building schools, and refusing to put children under ten on the factory floor. Every competing mill owner in Scotland insisted these reforms would destroy the business. Owen ran the numbers. The numbers said the opposite. The most profitable cotton operation in Britain was also the most humane.
I have sat in the room where the twenty-fold productivity multiplier is on the table. I describe that conversation in *You On AI* — the investor across from me, the arithmetic of extraction staring
A reading-companion catalog of the 15 Orange Pill Wiki entries linked from this book — the people, ideas, works, and events that Robert Owen — On AI uses as stepping stones for thinking through the AI revolution.
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