This situation echoes the cotton gin example: The Dime Widget Company is essentially a new piece of technology, just like the cotton gin, that dramatically lowers the cost of an item.
One person with a horse and a cotton gin could process as much as fifty people without the gin.
The cotton gin cut the cost of removing seeds from cotton.
We are sympathetic to the laid-off workers, but no one would suggest the cotton gin not be installed.
The cotton gin example is the same as if Chad were replaced by a gin.