AI isn’t just coming for entry-level workers. Google CEO Sundar Pichai says no job, not even his own, is safe. But those who don’t adapt will be the first to fall.
And there’s still no theoretical cap to how much money the CEO can make, you just also have to raise the ones earning the least in order to pocket more yourself.
I like the idea of setting maximum wage as say 50x the lowest wage. Including bonuses and stock.
I don’t think the CEO does 50x the work or even the value of the janitor.
And there’s still no theoretical cap to how much money the CEO can make, you just also have to raise the ones earning the least in order to pocket more yourself.
Radical idea. What about paying everyone the same, Janitor and CEO? That would truly value everyone’s hard work, regardless of which work it is.
But that would take a shift in how we perceive work and what we work for.
That’s socialism. Can’t have that. Can’t even have part of that. Then people want more. And you can’t exploit them anymore.