[HN Gopher] JPMorgan CEO says our children will only work 3.5 da...
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       JPMorgan CEO says our children will only work 3.5 days a week
       thanks to AI
        
       Author : kakokeko
       Score  : 5 points
       Date   : 2023-10-03 21:55 UTC (1 hours ago)
        
 (HTM) web link (www.businessinsider.com)
 (TXT) w3m dump (www.businessinsider.com)
        
       | ClassyJacket wrote:
       | No they won't. We'll work 5 days a week for less money and the
       | rich will get richer.
        
         | nine_zeros wrote:
         | I don't know why this is getting downvoted. This is exactly how
         | the system works.
         | 
         | Every productivity gain is only meant to make workers faster
         | which earns profits faster for the executives and shareholders.
         | 
         | With the prospect of faster work, execs and shareholders are
         | salivating at the thought of grinding workers more in the same
         | 40 hours/week but earn more profits for the same amount of
         | hours.
         | 
         | If we want our children to live a better life than us, we need
         | massive changes in laws (healthcare, exempt workers etc.).
        
           | deprecative wrote:
           | We were thought to work three days a week because of all the
           | productivity gains we made. The time we'd be down to three
           | days? The 1970s. Wealth always demands more wealth and the
           | rest of us need to be good labor-piggies and do that work.
           | Yeah, they can get away with doing more with less because AI
           | but they'll keep on with the skeleton crew they can and carry
           | on. Rinse repeat capitalism.
        
         | quantified wrote:
         | His children won't need to work. He's not looking at the rest
         | of us.
        
       | [deleted]
        
       | quantified wrote:
       | If I'm a farmer, doctor, teacher, soldier, construction laborer,
       | nurse, miner, or other actual work worker, I should realize this
       | ain't my kids he's talking about.
        
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       (page generated 2023-10-03 23:01 UTC)