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If you want to see what technology and automation do, and early ideas of how to support the "useless" class, don't look at California. Look at places like Switz
by markvdb 10y ago
If you want to see what technology and automation do, and early ideas of how to support the "useless" class, don't look at California. Look at places like Switzerland, Scandinavia and Belgium.
The wage cost pressure is just pricing low productivity work out of the market there more quickly than elsewhere. A taxi in the valley is cheap. A taxi in any of these? Rather more expensive...
Jobs being replaced with technology? Government policy trying to do something about it? Keep an eye on what happens in these countries...