Re:Should economists be more concerned about AI?
by WillPostForFood on Thursday March 02, 2017 @12:14AM
(#13771599)
The problem is that there are large portions of the country that answer no to: "Are you living at a higher material standard than the people in the 1980's?".
Are you living at a higher material standard than people at the dawn of the industrial revolution?
Are you living at a higher material standard than the people in the 1980's?
If 'yes' - then wages (as defined by their purchasing power) have increased.