> making 10x the widgets for the same pay That's assuming a static system. Large increases in output and margin attract competitors which reduces margin. Thing

> making 10x the widgets for the same pay That's assuming a static system. Large increases in output and margin attract competitors which reduces margin. Things will reach a steady state again where the margin matches the opportunity cost. It's very difficult for a company to sustain a margin advantage. Also, productivity increases lead to price reductions, which lead to the increased output per labor not necessarily meaning the labor value goes up.