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That automation is in competition with minimum wage is unsubstantiated. And if companies innovate to get rid of the need for minimum wage jobs when min wage is
by sachdevap 7y ago
That automation is in competition with minimum wage is unsubstantiated. And if companies innovate to get rid of the need for minimum wage jobs when min wage is raised, the society's response should not be to throttle innovation or keep lower minimum wage, but to institutionalize changes to how we redistribute the gains of that innovation.