We should get rid of all of those. Perhaps not the telephone sanitisers. Those might be important.
[1]: https://en.wikipedia.org/wiki/The_Restaurant_at_the_End_of_t...
We know Employers being well programmed robots in loss aversion will pay less for less work. If the cost of the core basics don't fall what are people supposed to do? Either get more indebted for life to Wall St or move out of the country.
Tech btw has only contributed to the rise of prices in edu, health and housing. Layer upon layer of new cost + financialization.
Just notice the most successful companies very studiously avoid entering these sectors cuz they are low margin. So why will anyone else do it?
Until there is some serious Martin Luther level reformation event(s) that pushes tech to focus on essential sectors and deflate costs there thro productivity gains, there is massive built up inertia for status quo maintenance which is to get tech to only chase high margin.
In most of the developed world, the first two are already at zero cost to the individual.
rbanffy•6mo ago
fakedang•6mo ago
Given enough digitization, a country can easily implement a 4 hour work week. Some countries have been doing that already. Works very well when the cost of human capital is already quite high .