Re:McKinsey, technocratic management, and structural inequality
by cm2187 on Tuesday February 04, 2020 @03:06AM
(#22233396)
Agree with all your points, I think the author is barking up the wrong tree.
But it is true that structural inequalities are emerging. There is a floor (until your home butler robot can fix your plumbing problems), but by and large blue collar jobs have absolutely melted to outsourcing in Asia and automation and aren’t coming back.
Now even traditionally white collar job are following the same direction. I work for a large bank and software development is being shifted all oversee, and increasingly we are demanding programming skills for what used to be pure business management jobs, as everything needs to be automated, either by IT or on the side of a desk.
As long as you have an imbalance between the supply and demand of workforce, salaries will adjust. It is a healthy phenomenon for society, it forces people to get out of their area of confidence and adjust to the demand. If they can. But I see nothing that suggest more wage equality in the future.
But it is true that structural inequalities are emerging. There is a floor (until your home butler robot can fix your plumbing problems), but by and large blue collar jobs have absolutely melted to outsourcing in Asia and automation and aren’t coming back.
Now even traditionally white collar job are following the same direction. I work for a large bank and software development is being shifted all oversee, and increasingly we are demanding programming skills for what used to be pure business management jobs, as everything needs to be automated, either by IT or on the side of a desk.
As long as you have an imbalance between the supply and demand of workforce, salaries will adjust. It is a healthy phenomenon for society, it forces people to get out of their area of confidence and adjust to the demand. If they can. But I see nothing that suggest more wage equality in the future.