Introducing any very significant productivity increasing tools seems to result in depressed wages. It happened when we moved to factory production, resulting i

Introducing any very significant productivity increasing tools seems to result in depressed wages. It happened when we moved to factory production, resulting in entire families working 16 hour days 6 days a week to barely earn a subsistence living. And it's happening with computers. When your employees produce 8% more each year, it's easy to justify giving them 5% raises. What happens when your employees produce 80% more every year? You can't stomach the idea of giving them raises commensurate with that, so you just tell yourself 'its the machine doing the real work, they don't deserve anything' and raises stop.