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Wages only rise if you don't include the displaced in your average, which feels a bit dodgy in this context, even if it is technically the accepted practice.

You mean "work experience" and "doing it the old non-AI way" will have significant value to the employer and anyone aged 40 and older will be in incredible demand and offered high wages?

Wages will only rise if labor power rises relative to corporate power.

If that doesn't happen, then companies will just continue to make excuses for why they need to lay off 20,000 workers after having their best quarter ever.