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Morendil comments on Disclosure vs. Bans: Reply to Robin Hanson - Less Wrong
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Why? You'll need to find a new job, which implies downtime, search costs, and possibly overhead for moving. Your employer will need to find someone to replace you, which implies downtime, search costs, and retraining costs. Either one of you might ultimately end up with a somewhat better or worse deal than they had before, depending on what exactly the market looks like and a luck factor. Why do you expect the employer to pay less of a price on average?
When you lose your job, you usually lose 100% of your income.
When you lose an employee, you usually lose only a fraction of your production capacity.
That's what I meant.