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A comment on What if AI made the world’s economic growth explode?. Parent comment
If you click that "max" button on your graph it does not show a stable share.
Appeal to status quo is seductive for those who are generally comfortable though, I get it.
>But inflation-adjusted wages isn't negative or even flat, it has grown?
Looks pretty flat to me:
https://www.statista.com/statistics/185369/median-hourly-ear...
If they weighted nondiscretionary housing, education and healthcare in the inflation basket properly and de-emphasized discretionary electronics and clothes I doubt it would even be flat.
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If you click that "max" button on your graph it does not show a stable share.
Appeal to status quo is seductive for those who are generally comfortable though, I get it.
>But inflation-adjusted wages isn't negative or even flat, it has grown?
Looks pretty flat to me:
https://www.statista.com/statistics/185369/median-hourly-ear...
If they weighted nondiscretionary housing, education and healthcare in the inflation basket properly and de-emphasized discretionary electronics and clothes I doubt it would even be flat.