Viewing profile — groundhogday3

> Technological benefits make individual workers more productive, allowing them to be exploited for more profit. It also makes harder jobs easier and in some cases allows someone u…

Depends what they mean by Productivity. Other things can be productive other than Labour. Also it still doesn't mean you should be paid twice as much. If I can hire 3 unskilled wor…

> The fact remains that the bargain has changed over the last 40 years, with the bulk of the benefits of technological change not reaching workers. Now it is becoming common for ev…

> And in a labour shortage, the value that someone brings to the company increases :) Sure. However that won't last forever. It will drive companies to innovate away your job. I go…

Just because productivity has doubled in 40 years doesn't mean that people have been twice as productive. Also salaries and wages aren't dependent on how hard you work. It is how m…

They can drill it but they can't refine a lot of it because of sanctions. https://www.iranintl.com/en/20211025679868

I've read that takes 2 years to get a new semi-conductor fab up and running. While demand for GPUs has skyrocketed not only in crypto but in other areas. Couple that with us going …

The healthcare isn't free. It is paid for through taxation. They have paid into the same healthcare system (through taxation) as everyone else and should be entitled to the care. D…