29 Jun 2023 8:00 pm
cost of middle management high. cost of replacing middle management with AI, low. over the next decade, middle management by people will be history. ///
when it comes to replacing labor with robots, it all depends on the wages of labor. raise wages, and robots are bought. should the government provide free food and shelter for low income labor, those jobs will survive. with free food and shelter, labor wages will decline. other wise most of the population will become homeless. and the cost of welfare will require a 75%+ national income tax.
when it comes to replacing labor with robots, it all depends on the wages of labor. raise wages, and robots are bought. should the government provide free food and shelter for low income labor, those jobs will survive. with free food and shelter, labor wages will decline. other wise most of the population will become homeless. and the cost of welfare will require a 75%+ national income tax.