gift link: https://www.nytimes.com/2026/09/07/opinion/labor-capitol-workers-income.html?unlocked_article_code=1._VA.QfeY.fUJvpqBFjaoY&smid=url-share https://www

gift link: https://www.nytimes.com/2026/09/07/opinion/labor-capitol-workers-income.html?unlocked_article_code=1._VA.QfeY.fUJvpqBFjaoY&smid=url-share https://www.nytimes.com/2026/09/07/opinion/labor-capitol-wor... I've agreed with this conclusion for a while: the decline in labor's share of income is mostly due to automation, broadly construed. And this has probably been a consistent trend back through human history, and beyond. E.g. when deciding whether to cooperate with, or murder, your fellow homo erectus, murder becomes more attractive if they had a hand axe that you could just take and use yourself just as well. The trend is just nonlinear and that is becoming more obvious as it approaches the asymptote.