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> Advocates of much higher minimum wages should understand that the eventual consequence will be automating many jobs out of existence That's been proven not t
by bkor 6y ago
> Advocates of much higher minimum wages should understand that the eventual consequence will be automating many jobs out of existence
That's been proven not to be the correlated in various studies. Similarly, there's a huge discussion regarding minimum wage in the US, while actually minimum wage adjusted for inflation went down significantly over the last few decades.
Automation happens in any case, especially with technology continuously getting cheaper.
Anecdotal: In e.g. Netherlands the minimum wage is lower if you're 15 until 21. Different amount until you're 21 or so. As a result supermarkets often fire anyone over 18 while pretending it isn't about the age. The minimum wage is already extremely low for 15-18, raising it would encourage more people to work in supermarkets instead of the current situation. Further, supermarkets are fully focussing on self-checkout. Despite the super low minimum wages.