Re:When the algorithm is your boss
by vba616 on Monday January 31, 2022 @01:23AM
(#30145167)
>we could reduce wage inequality by $133 billion. Not too shabby!
There are about 130 million full time workers in the US. Multiplying that by $36K, which is obviously wrong, but I believe gives an order of magnitude at least, is nearly $5 trillion.
$133 billion would then be a couple or three percent. Which would be good for one year's cost of living increase. Better than nothing.
I'm not endorsing your math, just taking it as given, and please don't take mine too seriously.
There are about 130 million full time workers in the US. Multiplying that by $36K, which is obviously wrong, but I believe gives an order of magnitude at least, is nearly $5 trillion.
$133 billion would then be a couple or three percent. Which would be good for one year's cost of living increase. Better than nothing.
I'm not endorsing your math, just taking it as given, and please don't take mine too seriously.