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There is data suggesting that companies have already been moving more employees to part time. It is tricky to see exactly what is going on, but you have people
by AJ007 10y ago
There is data suggesting that companies have already been moving more employees to part time. It is tricky to see exactly what is going on, but you have people who are employed "full time" but just working for multiple employers, who end up paying less because all sorts of other rules won't kick in. If there is a big pool of labor this would probably continue to occur.
Raising the minimum wage is pretty scary when taking a look at the trends of telecommuting (a decade of experience with this and counting, global broadband, better hardware, software, continuing to get better), mechanical automation, and software automation (which one might say AI but includes a lot more.) A lot of employees are already on the cusp of being non competitive. Instead of incentivizing a calm transition policy we are incentivizing a rapid expansion of automation.
Creating a bunch of additional layers of policy to force employers to hire humans and pay them a lot misses the point. The answer is to make sure it is cheaper, easier, and more sustainable to meet both basic & advanced human needs rather than try to focus on inflating prices until some sort of magic prosperity emerges (besides the magic of urban land owners making a great return on their investments.)
- toomuchtodo 10y agoYou can always tax automation to pay for the segment of the population that is unable to find work. Automation replaces people, it happens. We just ensure owners of the automation don't solely reap the benefits. The magic prosperity you speak of is already here; there is no need for a 40 hour work week with the productivity gains occurring since the 70s. There simply hasn't been an organized effort to reduce the work week to 3-4 work days, yet.