If by "throw in the towel" you mean "work diligently to find ways to replace workers with technology in order to remain profitable," then I fully agree with you

If by "throw in the towel" you mean "work diligently to find ways to replace workers with technology in order to remain profitable," then I fully agree with you. Heaping more burden on employers simply accelerates the process. It's all going to the same place in the end, so we're just talking about adjustments to the rate at which we get there anyway.