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by _heimdall
318 days ago
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I don't think its about capitalism, people have repeatedly shown we simply just don't like idle time over the long run. Plenty of people could already work less today if they just spent less. Historically any of the last big productivity booms could have similarly let people work less, but here we are. If AI actually comes about and if AGI replaces humans at most cognitive labor, we'll find some way to keep ourselves busy even if the jobs ultimately are as useless as the pet rock or the Jump to Conclusions Mat (Office Space reference for anyone who hasn't seen it). |
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It still takes basically the same amount of labour hours to give a haircut today as it did in the late 19th century. An elementary school teacher today can still not handle more than a few tens up to maybe a hundred students at the extreme limit. Yet the hairdressing and education industries must still compete — on the labour market — with the industries showing the largest productivity gains. This has the effect of raising wages in these productivity-stagnant industries and increasing the cost of these services for everyone, driving inflation.
Inflation is the real time-killer, not a fear of idleness. The cost of living has gone up for everyone — rather dramatically, in nominal terms — without even taking housing costs into account.