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The problem is if you take that argument to its natural conclusion, the only people in the US with jobs in the future will be waiters and baristas. Who will be
by jinushaun 14y ago
The problem is if you take that argument to its natural conclusion, the only people in the US with jobs in the future will be waiters and baristas. Who will be able to afford what the robots/companies are selling? It's not that simple. There is a delicate balance between livable wage and low operating costs. Ford knew he had to pay his workers enough to be able to afford the cars they were making.
- sybhn 14y agoactually if you take that argument to its natural conclusion the only people in the US with jobs would be people who innovate and create new value. Don't think that waiters and baristas fit in that category. If i was either, i'd be really worried about my prospect, and would probably fall back to organized labor to protect my jobs, because the economic mechanism definitely would not!