Post
Topic
Board Economics
Re: Technology improves we work more.
by
ace9989
on 30/09/2018, 11:23:28 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.



The more technology advancement has the country the easier to live on it unless it is still improving or the economy of its country is fluctuating really fast like here in the Philippines. Where the taxes are high and the cost of living in the urban area are pretty high plus the wages are way below than the average wages around the world.