Aw man, imagine using technology to reduce the amount of time people had to spend working, rather than making rich people more money… what a crazy world.
It’s crazy. I’ve read in a few books (fiction, of course) that mention, in passing, that the 40 hour workweek was now replaced by a 32 hour workweek, or something similar.
When do we get to reap the benefits of all of these boosts to productivity?
“Worker productivity” has been going up for 50 years, but compensation hasn’t been. That extra money goes into the pockets of the board and shareholders and CEOs.
80 years ago, the average CEO pay was about 20x the lowest pay in his company. Now, instead, we have billionaires.
In many ways, we have been. The average person has casual access to goods and services that would have been immensely inaccessible without industrialization. Consider the average car for example. The engine alone has hundreds of tightly toleranced parts working in a mechanical dance to harness thousands of controlled explosions per second. That doesn’t even touch on the complex support systems required for engine management or chassis/suspension. I can buy a well running used car for less than the cost of a month’s rent.
Compare that to the pre-industrial era, when a simple shirt would have taken a single person 500-600 hours in manual labor to make starting from raw wool. That’s more than three months’ work with a 40 hour work week.
It’s truly amazing that any minimum wage worker in the USA can buy multiple used cars, a monumentally complex piece of machinery by any historical standard, for less labor than it would take to get a new shirt a few hundred years ago.
That said, I do believe we have the capacity to get these benefits PLUS reduced work hours. We will see that when we demand better worker protections from lawmakers and stop equating a human’s value to society with the number of hours they work each week.
If you think we are materially worse off now than we were before the introduction of automation you are either pushing hardcore propaganda or absolutely delusional.
Real median middle class income has stayed effectively constant since the 1980s. However, with automation the variety of goods available at that income level have dramatically improved. This is the benefit that the consumer sees and pretending it’s not a real benefit is disingenuous at best.
Maybe if you shill for billionaires a bit harder they’ll give you one of their yachts.
“Real median middle class income has stayed effectively constant since the 1980s”
That’s the entire point that was being made in the first place! Productivity has increased massively, income has “stayed constant” - So, we’re working harder and producing more for the sole benefit of the rich.
Yeah, IIRC a knight’s suit of armor and weapons alone were worth more than most people in medieval times would ever earn in their entire lifetime. Knights traveling on horseback were the modern day equivalent of a celebrity rolling around town in a Ferrari
Aw man, imagine using technology to reduce the amount of time people had to spend working, rather than making rich people more money… what a crazy world.
It’s crazy. I’ve read in a few books (fiction, of course) that mention, in passing, that the 40 hour workweek was now replaced by a 32 hour workweek, or something similar.
When do we get to reap the benefits of all of these boosts to productivity?
“Worker productivity” has been going up for 50 years, but compensation hasn’t been. That extra money goes into the pockets of the board and shareholders and CEOs.
80 years ago, the average CEO pay was about 20x the lowest pay in his company. Now, instead, we have billionaires.
In many ways, we have been. The average person has casual access to goods and services that would have been immensely inaccessible without industrialization. Consider the average car for example. The engine alone has hundreds of tightly toleranced parts working in a mechanical dance to harness thousands of controlled explosions per second. That doesn’t even touch on the complex support systems required for engine management or chassis/suspension. I can buy a well running used car for less than the cost of a month’s rent.
Compare that to the pre-industrial era, when a simple shirt would have taken a single person 500-600 hours in manual labor to make starting from raw wool. That’s more than three months’ work with a 40 hour work week.
It’s truly amazing that any minimum wage worker in the USA can buy multiple used cars, a monumentally complex piece of machinery by any historical standard, for less labor than it would take to get a new shirt a few hundred years ago.
That said, I do believe we have the capacity to get these benefits PLUS reduced work hours. We will see that when we demand better worker protections from lawmakers and stop equating a human’s value to society with the number of hours they work each week.
I’ve seen this argument before.
Maybe if you shill for billionaires a bit harder they’ll give you one of their yachts.
If you think we are materially worse off now than we were before the introduction of automation you are either pushing hardcore propaganda or absolutely delusional.
Real median middle class income has stayed effectively constant since the 1980s. However, with automation the variety of goods available at that income level have dramatically improved. This is the benefit that the consumer sees and pretending it’s not a real benefit is disingenuous at best.
You really think so? That would be amazing
“Real median middle class income has stayed effectively constant since the 1980s”
That’s the entire point that was being made in the first place! Productivity has increased massively, income has “stayed constant” - So, we’re working harder and producing more for the sole benefit of the rich.
I mean, knights weren’t exactly poor people. This knight found a way to make his serfs make him more money.
Yeah, IIRC a knight’s suit of armor and weapons alone were worth more than most people in medieval times would ever earn in their entire lifetime. Knights traveling on horseback were the modern day equivalent of a celebrity rolling around town in a Ferrari