Post
Topic
Board Economics
Re: Technology improves we work more.
by
FlamingFingers
on 13/09/2018, 23:04:58 UTC
The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher.  They are working for much lower wages and longer hours.  Its next to impossible for millenials to purchase a house on their own.  Something here itsn't right, Capitalism?

Not really sure where you living at but if work has something to do with technology, then the pay should be commensurate on your tech skills so its not lower wages, in my opinion. So if you work longer hours then obviously bigger pay.

So its possible that they can purchase a house of their own. I guess every generation has this mind set and not applicable for millennials alone, I myself was a IT graduate and find good job and nice pay and was able to purchase a house myself.

I don't think that's what he meant. He meant that the tools and the way we used to complete jobs have evolved thanks to technology, yet our working hours are still the same and wages are not getting better. For example, we used pens and papers to fill out data (for companies, governments, Public Relations, etc.), we moved to typing machines, then we got computers and laptops. The way we type became better and faster, still wages are the same (if not worse), and it is still from 9–5. Apply this to most jobs and professions nowadays to get the picture.