We're not wasting less time because of the industrial revolution (frankly we're wasting more of it thanks to malinvestment via socialist policies). The fact that the labor force participation rate is as low as it was in the 1960's kind of tells us how badly malinvested society is. Instead, we're just spending less time farming. Prior to the industrial revolution: 85% of all workers would have been farming.
We're not wasting less time because of the industrial revolution (frankly we're wasting more of it thanks to malinvestment via socialist policies). The fact that the labor force participation rate is as low as it was in the 1960's kind of tells us how badly malinvested society is. Instead, we're just spending less time farming. Prior to the industrial revolution: 85% of all workers would have been farming.