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In theory yes, in practice that'd require some way to channel the profits from the tech back to society, which has proven tough nut to crack. Notoriously Keynes
by zokier 4y ago
In theory yes, in practice that'd require some way to channel the profits from the tech back to society, which has proven tough nut to crack. Notoriously Keynes predicted 15 hour workweeks due the productivity improvements of 20th century. Well, the improvements happened but work weeks didn't get shorter
- revelio 4y agoThey got shorter in practice. Especially post-lockdowns lots of people are phoning it in to well paid jobs whilst working from home with Netflix on, taking long lunches, playing with the kids and then doing unchallenging work like meetings with other people who are also phoning it in. Yes they "work" 40 hours a week in theory but this sort of work would have seemed completely alien to someone in Keynes' era.
- medvezhenok 4y agoAnother thing to note is the length of retirement has increased significantly since Keynes' time. So if you look at a person's whole life, the amount of time at work certainly has decreased.