See how the length of the average working week has been decreasing in the USA:
http://3.bp.blogspot.com/-8A9_5tIWVQY/U5XkaRfB8bI/AAAAAAAAM8...
(Source: Univ of Gröningen and Univ of California, Davis)
This is due to technologal innovations.
See how the length of the average working week has been decreasing in the USA:
http://3.bp.blogspot.com/-8A9_5tIWVQY/U5XkaRfB8bI/AAAAAAAAM8...
(Source: Univ of Gröningen and Univ of California, Davis)
This is due to technologal innovations.
Given how many humans currently work at tedious jobs, the conclusion to come to is that they prefer that over no income at all. So simply eliminating that job isn't doing them any favors unless there's some solution for how they will still be able to pay their bills.
Take GMOs. They increase crop yields, making it cheaper to buy food. Sure it may have eliminated some jobs along the way, but then those guys ended up getting cheaper food at the cost of a having to find a new job.
https://thumbor.forbes.com/thumbor/960x0/https%3A%2F%2Fblogs...
Forced redistribution from capital to labor should have started long ago, yet we appear to be moving in the opposite direction.
Right now we have the option to anticipate and act to reduce any painful shocks. later we will not have the benefit of preparation.