Comment Productivity always had a bad side (Score 1) 82
You only need to make people more productive and then they need less people!
I've seen IT boost productivity for decades and the result is that it reduces jobs or gives more value to the owners while the wages stagnated.
Sure, people counter that existing employees can remain and they get more value out of them, I've heard that plenty. Well, you'd have needed to hire new employees to get those benefits and were able to avoid; perhaps the added expense was not worth paying more but it certainly then the productivity was worth the LOST savings of reducing employees. If any gains were made, they didn't go to employee raises; at least not more than the inflation rate.
Replacing entry workers creates a long term supply problem; which is solved simply by pushing entry workers up the chain! This results in upper workers who could be completely immune from AI being in over supply... So the "safe" jobs get screwed indirectly!