> For a long time there's been an excellent well balanced feedback loop, more productivity = higher pay, Um, that feedback loop existed until 1972 or so, but h

> For a long time there's been an excellent well balanced feedback loop, more productivity = higher pay, Um, that feedback loop existed until 1972 or so, but has not existed since then. For most people in the United States, it has never existed in their lifetime. https://cdn.technologyreview.com/i/legacy/graph1.png?sw=600 https://cdn.technologyreview.com/i/legacy/graph1.png?sw=600