l hate the criticism of labor-saving technology as “job-killers”. The issue is not no work to do, it is how to distribute the benefits of technology that does it. We are seeing the “savings” benefiting a few who are getting verrrry rich. We saw this at the beginning of the last century, too. The country responded with income taxes, inheritance taxes and other steps to break up great wealth and benefit society. We have to do that again.
l hate the criticism of labor-saving technology as “job-killers”.
The issue is not no work to do, it is how to distribute the benefits of technology that does it. We are seeing the “savings” benefiting a few who are getting verrrry rich.
We saw this at the beginning of the last century, too. The country responded with income taxes, inheritance taxes and other steps to break up great wealth and benefit society.
We have to do that again.