5 ms·
Humans have been automating away labor in various ways for thousands of years. At one point, everyone would've had to devote most of their time to obtaining foo
by Meekro 13y ago
Humans have been automating away labor in various ways for thousands of years. At one point, everyone would've had to devote most of their time to obtaining food -- now one guy (plus some farm equipment) can feed thousands.
There are countless other examples industry-and-job-destroying innovations, and from a long-term historical standpoint they've always been a huge net win for humanity. And none of them required us to convert to socialism to prevent mass starvation.
And yet, this time around, innovation is evil somehow if it results in labor being done by software rather than people? The essay alludes to global financial collapse, but doesn't explain how that's supposed to happen. Are we supposed to guess? Or, more likely, just feel general outrage at the 1% and not think too hard?
He also claims that the minimum wage hasn't kept up with inflation. That's totally false -- the minimum wage in the U.S. was established in 1938 at $0.25/hr. That would be $4.14 in today's dollars, and we're at nearly double that!