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The wage growth has been widely distributed, though I don't know the median wage statistics off hand. I presume they're approximately equavalent average wage st
by CryptoPunk 9y ago
The wage growth has been widely distributed, though I don't know the median wage statistics off hand. I presume they're approximately equavalent average wage statistics.
As for jobs, most of those that existed 200 years ago no longer exist or employ a tiny fraction of people they employed at that time, yet we don't have mass unemployment. Automation has never had a broad-based negative impact on the demand for labor. Its effect has been exactly the opposite.