Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
user-inactivated · 2518 days ago · link · · parent · post: Homelessness up 26% in LA YoY, 10% in Seattle , *61%* among LA youth
Funneling the reserve army of labour ever 'higher' would be great for Capital. Then they can kill two birds with one stone: automate unskilled labor and swell the ranks of skilled workers out of scarcity thereby allowing them to lower wages for the jobs they can't automate yet. Also make a tidy side profit retraining laborers to position themselves ahead of the tide of automation. Don't position them too far ahead of the tide and you've got a nice recurring revenue stream. Perfect solution.More and more, as machines make our labor worth less, people's jobs will be falling under this "line of value" unless they are moved to higher ground.