Earlier quoted context omitted.
No, it's because if a worker works 8h/day, and produces X, given a new technology that double his productivity, he is now expected to still work 8h/day, and produce 2X.
But his pay remains X, while the CEO, VP team and shareholders keep 100% of the extra value.
Isaac Asimov's predictions for what the world will be like in 2014
171–175 of 175 posts
Re: Isaac Asimov's predictions for what the world will be like in 2014
#172Uh, a collapsed society could not support a growing population, Dr. A.
Re: Isaac Asimov's predictions for what the world will be like in 2014
#173Round-up: ✗ EL panels (not yet) ✗ Smart glass (unless you own a ferrari) ✓ Frozen meals + programmable microwave ✓ Lame robots ✓ 3D movies ✗ Fusion power plants ✗ Radioactive batteries ✓ Solar power ✓ Self-driving cars (in progress) ✗ Moving sidewalks (do airport conveyors count?) ✓ Video calls ✓ Mobile data, sharing, e-books ✓ Global mobile phone network ✗ Moon colonies (double fail since he just takes them for gran…
Re: Isaac Asimov's predictions for what the world will be like in 2014
#174Round-up: ✗ EL panels (not yet) ✗ Smart glass (unless you own a ferrari) ✓ Frozen meals + programmable microwave ✓ Lame robots ✓ 3D movies ✗ Fusion power plants ✗ Radioactive batteries ✓ Solar power ✓ Self-driving cars (in progress) ✗ Moving sidewalks (do airport conveyors count?) ✓ Video calls ✓ Mobile data, sharing, e-books ✓ Global mobile phone network ✗ Moon colonies (double fail since he just takes them for gran…
Correction -- radioactive batteries -- http://en.wikipedia.org/wiki/Radioisotope_thermoelectric_gen...
Re: Isaac Asimov's predictions for what the world will be like in 2014
#175Where's my flying car?!? I was promised a flying car and I want it right now!