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Because you own part of the co-op, and it's value would go up if that research succeeds? I think co-ops can actually be a good way of handling technology repla
by hobofan 6y ago
Because you own part of the co-op, and it's value would go up if that research succeeds?
I think co-ops can actually be a good way of handling technology replacing manual labor. The profits made from the technological advancements can be put in a dedicated trust of the co-op that is focused on retraining the workers for new positions. With that you could handle inevitable technological progress.
- yellowapple 6y ago> Because you own part of the co-op, and it's value would go up if that research succeeds? That ownership is contingent on you working for the co-op, which doesn't seem very likely if a robot took your job. That said, there are a couple ways to work around this: 1. Flip the ownership model to a customer cooperative (or a customer/worker hybrid cooperative), thus moving the decisionmaking - and the incentives as a result - from workers to customers (which can and often do overlap). Customer cooperatives are a proven model here in the US (credit unions are probably the most widely known example). 2. Use automation to multiply labor rather than replace it. Replacing a drivers with cars at a 1:1 ratio obviously doesn't leave much room for drivers, but replacing them at a 1:10 ratio (or somesuch) can mean converting drivers into owner-operators of "squads" of cars. This depends on there being enough of a customer base to warrant this multiplication; for this to work, it's best paired with a massive expansion of that customer base (adding a bunch more cities, for example, or extending service areas, or slashing fares).