951
Bill Gates says a 3-day work week where 'machines can make all the food and stuff' isn't a bad idea
(www.businessinsider.com)
this post was submitted on 23 Nov 2023
951 points (95.2% liked)
Technology
59559 readers
3837 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
You should get 33% more pay as the full work force productivity would be 4/3 of the original in your example.
This difference might be clearer with an example where only half of the work force is required to match the original productivity. In this case, if the full work force continues to work, productivity is presumably doubled. That's not a 50% increase. It's 200% of the original or a 100% increase. So the trade-off should be between 50% fewer working hours and 100% more pay.
Of course, instead you'll work the same hours for the same pay and some shareholders pocket that 100% difference.